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Apr 05 - 10:55 PM

AUD/USD - Scampers Up As Trump Dangles Chance Of Iran Deal

By Ewen Chew  —  Apr 05 - 09:53 PM

• AUD/USD scampers back up to 0.6897 from last close 0.6884

• Attempting to break free of Bollinger downtrend channel

• Mon close above 0.6896 will nullify existing bearish bias

• Trump sees chance of a deal to end Iran war by Mon

• But Friday's US NFP supports UST yields, thereby USD

• Australia, China, HK, US, most Europe financial markets closed Mon
AUD


(Ewen Chew is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters
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