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Mar 04 - 09:55 PM

AUD/USD - Hits 1-Month Low As Equities Swoon

By John Noonan  —  Mar 04 - 08:29 PM
  • AUD/USD under pressure and below 0.7690 for first time in a month

  • Equity markets under pressure with E-minis -0.75% and Nikkei almost 2% lower

  • Slide in key commodities weighing on AUD and encouraging fresh selling

  • The next level of decent support in AUD/USD @ 38.2 of 0.6990/0.8007 @ 0.7618

  • Markets on edge ahead of US non-farm payrolls later today

  • A strong US jobs report likely to push US yields higher and weigh on risk

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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