Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jan 17 - 01:55 PM

AUD/USD - A 2-Month Low Is Hit After Upbeat US Sales Report

By Christopher Romano  —  Jan 17 - 01:10 PM
  • NY opened near 0.6560 after 0.6594 traded overnight, slide extended

  • US yields, US$ rallied sharply on upbeat Dec. retail sales data

  • Investors reprice their expectations for Fed rate cuts IRPR

  • Equity ESv1, gold XAU= drops reinforced US$ buying; USD/CNH hit 7.2320

  • AUD/USD marginally pierced December's monthly low, 0.6525 traded

  • US$ softened in NY's afternoon, AUD/USD neared 0.6540, was down -0.67%

  • Techs lean bearish; RSIs are falling, pair below 55- & 200-DMAs

  • Australia December employment report is a risk in Asia

  • US weekly claims, Philly Fed business index are risks in NY Thursday

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2024 eFXdata · All Rights Reserved
!