Welcome Guest:
Sign Up
Derived real-time data in partnership with:
Thomson Reuters
Apr 30 - 12:12 PM
AUD/USD - U.S. Data Pleases Bulls As Fed Looms
First appeared on eFXplus on Apr 30 - 10:00 AM
  • Feb Case-Shiller home PI y/y below f/c nN9N21F00C, Chi PMI 52.6 prior 58.7
  • Softer data sinks UST yields, lifts euribor & fed funds futures prices
  • AU-US spreads tighten, US$ slides, AUD/USD bounces off NY's early low
  • USD/CNH sinks only modestly, helps temper AUD/USD bounce
  • Daily doji candle forms, suggests indecision, more U.S. risk looms
  • Apr PMI, Fed meeting. March factory orders & Apr jobs report are big risks
  • If events align to weigh on the greenback AUD/USD should rise nicely

chart: Click here

Source:
Thomson Reuters IFR Markets

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
!