By Christopher Romano — Mar 16 - 07:22 AM
AUD/USD treads on familiar turf on mixed signals & looming Fed risk
Equities ESv1 near flat, copper HGv1 lower, iron-ore DCIOc2 is up
US 10-yr yield lower, eurdollar EDH3 price is up; both help sink US$
AUD/USD dips below 10 & 55-DMAs again but bounces sharply into NY open
Pair still down on the day though but a daily bull hammer forms
Investors lack conviction ahead of Fed meeting results due Wednesday
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Source:
Refinitiv IFR Research/Market Commentary