By Christopher Romano — Aug 02 - 01:40 PM
AUD/USD opened NY near 0.6590 after falling overnight, the slide extended
US$ rallied on yield US2YT=RR gains, BOA upgrade to US 2023 GDP outlook
Risk-off buoyed US$ as investors shunned equities ESv1, iron-oreDCIOc2
USD/CNH rally to 7.2131 helped drive AUD/USD down to 0.65275
AUD/USD traded below the trend line off 2022's yearly low & RSIs are falling
Australia Q2 retail sales, China July Caixin services PMI are risks in Asia
US weekly claims, July ISM non-mfg PMI are data risks in NY Thursday
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary