By Krishna K — Sep 08 - 11:15 PM
AUD/USD +0.2%, drifts higher on light short-covering after sharp fall on Fri
Upside limited as risk aversion grips Asia following Wall Street swoon
Lacklustre China inflation data exacerbates; ASX200-0.7%, Shanghai Comp-0.9%
Weak commodity prices likely to weigh; Dalian iron hits 1-year low in Asia
U.S. inflation , China trade and monthly activity data key this week
Support 0.6640-45, resistance 0.6700-05, 0.6725-30; Asia range 0.6664-0.6688
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Source:
Refinitiv IFR Research/Market Commentary