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Thomson Reuters
Jan 04 - 06:12 AM
AUD/USD - Elicits Support From China-U.S. Trade Talk Hopes
First appeared on eFXplus on Jan 04 - 04:05 AM
  • AUD is benefitting from hopes of progress in US/China trade talks next week
  • The talks will be held in Beijing on Monday-Tuesday (Jan 7-8) nL3N1Z41CG
  • 0.7031 = fractionally fresh intra-day high for AUD/USD. 0.7030 was Asia top
  • 0.7031 is also the high since Thursday's slump to a 10-year low of 0.6715
  • Low was plumbed as AUD/JPY tanked after Apple's sales warning nL1N1Z401X
  • US jobs report at 1330GMT and Powell comments to impact AUD/USD pre-weekend

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