Derived Data That Drive Results
By Paul Spirgel — Dec 28 - 01:35 PM
AUD/USD +0.5% at 0.6765 into NorAm close, Wednesday range 0.6801-0.6720
UST yield rise into close saps AUD$ early NorAm strength
Aussie 10-yr yields rise to 4.12% highest since October; +26bp to US 10-Yr
Aussie bulls pin hopes on China reopening, US-AU yields convergence
Pair fades a tad in US afternoon on rising UST yields, lower commods
AUD$ res at 0.6773 10-HMA, Wed high 0.6801, 200-DMA at 0.6871
Fed 2023 rate policy, degree of China reopening amid high COVID cases key for AUD in
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Source:
Refinitiv IFR Research/Market Commentary
