By Christopher Romano — Jun 18 - 02:37 PM
(Corrects typo in headline)
• NY opened near 0.6500 after 0.6470 traded overnight, pair neared 0.6485 early
• Buyers emerged as US$ &US yields traded softly, 0.6524 traded
• US$ firmed however, AUD/USD slid, pair sat near 0.6515 into the Fed decision
• Pair swung wildly after the Fed, hit 0.6537, neared 0.6510 then rallied toward 0.6530
• AUD/USD traded up +0.81% at the early stages of Powell's presser
• Techs leaned bullish; RSIs are rising & pair traded above
the
10- & 21-DMAs
audusd
(Christopher Romano is a Reuters market analyst. The views
expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters