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Sep 30 - 07:55 PM

AUD/USD - Opens Higher As USD Weakens And Commodities Firm

By John Noonan  —  Sep 30 - 06:20 PM
  • AUD/USD opens 0.43% higher at 0.7164 after USD eased against most currencies

  • 'Risk-on' mood prevailed most of US session on hopes of a US aid deal nL1N2GR1IN

  • The improved China PMI data yesterday helped boost NY copper 1.5%

  • AUD/USD close above 10-day MA (0.7136) targets 55-day MA at 0.7194

  • The 21-day MA and 50% retrace of 0.7413/0.7006 converge at 0.7210

  • For more click on FXBUZ










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Source:
Refinitiv IFR Research/Market Commentary

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