Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jul 20 - 06:55 AM

AUD/USD - Helped To Three-Week High By Global Equity Gains

By Rob Howard  —  Jul 20 - 04:45 AM
  • AUD/USD elicits support around 0.6900 after retreating from 0.6927

  • There is a large 0.6900 option expiry on Friday, A$1 billion strike

  • 0.6927 was three-week top in Asia, as equity gains buoyed risk-sensitive AUD

  • See: nL1N2Z10H3. RBA sees more hikes, welcomes govt review nL1N2Z02OT

  • 0.6683 was 2-year low last week, before 100 bps July 27 Fed hike risk fell

  • BHP not worried about China plan to centralise iron ore buying nL1N2Z109O

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2022 eFXdata · All Rights Reserved
!