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Jun 22 - 07:55 AM

AUD/USD - Helped Towards 0.69 By Risk Appetite Rise And Lowe

By Rob Howard  —  Jun 22 - 06:20 AM
  • AUD/USD extended north from 0.6802 to 0.6893 during the European am

  • 0.6802 was one-week low in Asia, before risk appetite rise lifted AUD

  • S&P e-mini is currently up 0.9% having been down 1% early Asia nL1N2DZ05F

  • AUD is also benefitting from Lowe's sanguine view about recent AUD gains

  • See: nL4N2DZ062. AUD/USD scaled an 11-month peak of 0.7069 on June 10

  • IMM speculators slash net AUD short position to two-year low nL1N2DZ09F

AUDUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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