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Jan 12 - 01:55 AM

AUD/USD - Rallies Sold As US Yields Hold Near 10-Month Highs

By Krishna K  —  Jan 12 - 12:23 AM
  • AUD/USD trades in a relatively narrow range in Asia as USD holds gains

  • Rising U.S. yields cap; 10-year yield rises to 1.1580%, highest since Mar 20

  • All eyes on Biden's additional fiscal stimulus plan due ThursdaynL1N2JJ2BL

  • Investors ponder on the risk of Fed tapering nL1N2JM0U7nL1N2JM2XH

  • Copper prices drop 3.4% Mon, Dalian iron ore -1.6% Tues, dent AUD sentiment

  • Support 0.7665, 0.7636-41, resistance 0.7720-25, 0.7735-40; sell rallies

  • For more click on FXBUZ


Source:
Refinitiv IFR Research/Market Commentary

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