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Jan 27 - 08:55 AM

AUD/USD - Back On Familiar Turf On Risk Shift, Fed Risk Looms

By Christopher Romano  —  Jan 27 - 07:29 AM
  • Despite above estimate AU CPI nL4N2K14MM AUD/USD sinks overnight

  • Downbeat risk sinks equities ESv1, copper HGv1, iron-ore DCIOc2

  • Safe-havens US$ & yen get bought, AUD/JPY sinks near 79.95

  • AUD/USD falls back below 10 & 21-DMAs, nears 0.7695 in early NY

  • Daily, monthly RSIs drop but AUD/USD trades in familiar 0.7640/0.7820 range

  • Fed risk looms, investors likely expect Powell to maintain dovish tone

  • For more click on FXBUZ



aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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