By Christopher Romano — Jun 09 - 01:45 PM
A rally to 0.71925 in Europe met sellers, NY opened near 0.7175
Risk-off sentiment took hold in NY, equities ESv1, copper HGv1 fell
US$ rallied on soured risk, US rate EDM3 gains; USD/CNH neared 6.7000
AUD/USD broke through 0.7140/50 support then struck a 9-session low
Pair sat near the 38.2% Fib of 0.6829-0.7282, 21-DMA late in the session
Techs lean bearish; RSIs are falling, monthly inverted hammer candle forms
US May CPI in focus, an above estimate result may rally US rates, US$ again
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Source:
Refinitiv IFR Research/Market Commentary