By Christopher Romano — Dec 02 - 07:10 AM
US$ lower against most majors, weighed down by lower US rates EDH3
USD/CNH fell below 7.0070 before bouncing near 7.0270 ahead of NY open
Equities ESv1, commodities HGv1, AUD/JPY all lower on the session
AUD/USD up slightly on the session, traded 0.6795-0.6836 range overnight
NY opens near the mid-point of that range, pair trades +0.08% on the session
Techs lean bullish; RSIs rising, pair consolidating gains off Nov. 29 low
US Nov. Jobs data looms; downside surprise should see US$ sink, AUD/USD gain
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary