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Oct 01 - 05:55 AM

AUD/USD - Within Strike Of 0.72 After Sliding On Stock Losses

By Rob Howard  —  Oct 01 - 03:58 AM
  • AUD/USD pivots 0.72 after sliding to 0.7193 (intra-day low) on equity losses

  • Nikkei closed down 2.3% nL1N2QX0A3. European stocks hit two-month lows

  • See: nL4N2QX1CQ. AUD is a risk-sensitive currency. 0.7241 was Asia high

  • 0.7257 was Thursday's high, after some profit-taking on USD long positions

  • See: nL1N2QW3HYnL8N2QF41T. 0.7171 was Wednesday's five-week low

  • There is a big 0.7200 option expiry for the 10am ET NY cut nL1N2QX08L

AUDUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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