eFX Apex
The Institutional-Grade Data Hub
- Plus: Discretionary Trades
- Edge: Sentiment Trades
- Alpha: Systematic Trades
- Apex: Full Big Data Stream
Jun 19 - 07:55 AM
–
AUD/USD - Reclaims 0.70 Handle After Drop To One-Week Low
By Robert Howard — Jun 19 - 05:53 AM
• AUD/USD hits 0.7020 intra-day high after extending north from 0.6990
• 0.6990 was late Asia low, as safe-haven USD rose after Iran-US peace talks postponed
• Lift from 0.6990 aided by pre-weekend position adjustments
• Wednesday high was 0.7075 - before USD jumped on Warsh-led Fed's hawkish hold
• 0.6990 is the lowest level since 0.6979 (two-month low last week)
• Australian May CPI and employment data will be released
next week
AUDUSD
(Robert Howard is a Reuters market analyst. The views expressed
are his own)
Source:
London Stock Exchange Group | Thomson Reuters