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Nov 04 - 05:55 AM

AUD/USD - Scales One-Week Peak On Iowa Poll Surprise

By Rob Howard  —  Nov 04 - 04:10 AM
  • AUD/USD rose to 0.6618 in Asia as Iowa poll surprise weighed on USD

  • Poll has Harris leading Trump 47-44% in Iowa. 0.6618 = one-week high

  • 0.6554 was pre-weekend low vs 0.6591 high after USD fell on Oct NFP miss

  • There is a huge 0.6600 option expiry for the NY cut; A$2.2 bln strike

  • U.S. presidential election Tuesday; outcome uncertain nL1N3MA04V

  • Another RBA interest rate hold expected at 0330 GMT nL1N3MB00T

Source:
Refinitiv IFR Research/Market Commentary

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