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Apr 07 - 04:55 AM
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AUD/USD - Near 0.69 Before Another Trump Deadline
By Robert Howard — Apr 07 - 03:23 AM
• AUD/USD has traded a 23.5 pip range thus far Tuesday; 0.6899-0.69225
• Monday range was 0.68775-0.69375 (0.6860-0.6941 was Thursday range)
• Another Trump deadline looms, at 8pm ET/0000 GMT; Iran defiant
• CFTC data-net AUD long rose 15% to 81,506 contracts in week to March 31
• 81,506 contracts is the largest net AUD long position
since 2013
IMM net AUD long
(Robert Howard is a Reuters market analyst. The views expressed
are his own)
Source:
London Stock Exchange Group | Thomson Reuters