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Derived real-time data in partnership with:
Thomson Reuters
Nov 04 - 11:00 PM
AUD/USD - Weak Equities Starting To Weigh
First appeared on eFXplus on Nov 04 - 09:05 PM
  • AUD/USD dipping below 0.7190 after trading to 0.7204 earlier
  • Losses in Asian equity markets and S&P futures starting to accelerate
  • Nikkei -1.65%; AXJ index -1.29% and S&P futures down 0.39%
  • Caixin China Services PMI slumped to 50.8 (13 mth low) from 53.1
  • Weaker data will weigh on EM sentiment and the AUD as a proxy
  • AUD/USD support at former support at 0.7160 and 55-day MA at 0.7149

aud/usd Click here

Source:
Thomson Reuters IFR Markets

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