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Feb 12 - 08:36 PM

AUD/USD - Falls On Latest Coronavirus Report

By John Noonan  —  Feb 12 - 07:05 PM
  • AUD/USD falling on latest report indicating sharp rise in virus in Hubei

  • AUD/USD breifly below the 10-day MA at 0.6911 and traded to 0.6707

  • AUD and risk assets were benefiting from perception virus was controlled

  • Until further clarification, long AUD/USD and risk may remain pressured






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Source:
Refinitiv IFR Research/Market Commentary

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