By Christopher Romano — Apr 29 - 07:20 AM
AUD/USD hit 0.6522 in Asia, buyers emerged, 0.6587 traded, a 13-session high
NY opened near 0.6565, pair traded up +0.47% with help from upbeat risk
USD/CNH fell to 7.2483 (D3), stocks ESv1 & commodities HGv1XAU= gained
USD/JPY drop to 154.40 (EBS) & US yield US2YT=RR slide helped buoy AUD/USD
Pair rallied above 55- & 200-DMAs, pierced the daily cloud then pulled back
Techs are bullish; RSIs rising & long lower wick in place on April candle
US ADP, JOLTS, weekly claims, payrolls & ISM mfg are data risks this week
Fed statement, Powell's presser are major event risks for Wednesday
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary