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Nov 30 - 01:55 AM

AUD/USD - Dives As Moderna Sounds Pessimistic On Omicron

By Ewen Chew  —  Nov 30 - 12:28 AM
  • AUD/USD takes a dive, reversing modest gains, last 0.7112

  • Close to breaking Aug base 0.7107; would be lowest in a year

  • Ceiling of Bollinger downtrend channel moves lower to 0.7182

  • Moderna chief predicts Omicron resistant to vaccines nL4N2SL1GL

  • Sparks risk-off reaction in some FX, S&P futures -0.6%

  • Uncertainty around new variant still causing volatility

  • For more click on FXBUZ


Source:
Refinitiv IFR Research/Market Commentary

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