By Rob Howard — Feb 22 - 06:15 AM
0.7885 is high water-mark for AUD/USD since its European am drop to 0.7855
Drop to 0.7855 was influenced by equity losses and softer yuan nL1N2KS07I
0.7908 was 35-month high in Asia, as copper price gains helped inflate AUD
See: nL1N2KS06T. Offers are reportedly layered above 0.7900 nL1N2KS052
There is a huge 0.7900 option expiry at the end of this week nL1N2KS0F8
IMM specs raised bearish bets on AUD before its jump vs USD nL1N2KS0C5
AUDUSD Click here
Source:
Refinitiv IFR Research/Market Commentary