By Christopher Romano — Apr 18 - 07:35 AM
US 10-yr yield US10YT=RR hits fresh 3-1/2-year high, ED prices EDM3 fall
USD/CNH CNH= gained overnight before turning -ve, equities ESv1 fall
Iron-ore DCIOc2 is down but copper HGv1 is up on the session
AUD/USD falls in Asia, hits 0.73515, lifts in light European trading
NY opens near 0.7365, pair still down -0.30% on the session
AUD/USD ends recent consolidation phase, implies lower levels are likely
Techs lean bearish; RSIs falling, monthly inverted hammer candle in place
55- & 200-DMAs as well as the daily cloud top are supports below the market
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Source:
Refinitiv IFR Research/Market Commentary