By Rob Howard — Sep 23 - 06:25 AM
AUD/USD has traded 23.5 pip range since European open; 0.6801 = session low
0.6836 was Asian session high, after PBOC lowered 14-day reverse repo rate
That high was three pips shy of last Thursday's nine-month high (Sept 19)
RBA reforms stall as Greens demand rate cuts. RBA hold expected at 0430 GMT
CFTC data showed net AUD short jumped to 40,122 contracts in week to Sept 17
40,122 contracts is largest net AUD short position since mid-August
Source:
Refinitiv IFR Research/Market Commentary