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Sep 15 - 01:55 PM

AUD/USD - Risk Averted Into The Weekend

By Christopher Romano  —  Sep 15 - 01:30 PM
  • AUD/USD hit a 9-session high overnight then steadily slid & turned down

  • US yields US2YT=RR, US$ firmed after Fed mfg, export/import price data

  • Buoyed USD/CNH, equity ESv1 & copper HGv1 drops weighed on AUD/USD

  • AUD/USD neared the 21-DMA, traded near 0.6435 late in the session

  • Daily inverted hammer & diverging daily RSI are concerns for longs

  • September global PMIs are key data risks next week

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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