By Rob Howard — Mar 26 - 06:07 AM
Offers by 0.7628 have capped the AUD/USD rise from 0.7564 (Thursday's low)
0.7628 was Wednesday's Ldn/NY session high. 0.7564 = seven-week low
Rise to threaten 0.7628 influenced by equity gains: Nikkei closed up 1.5%
Copper prices up too nL1N2LO0AA. AUD is liquid proxy for risk appetite
China to impose anti-dumping measures on Aussie wine imports nB9N2L102P
Thursday's AUD/USD low matched the 2021 low plumbed on Feb 2 nL1N2LN3TK
AUDUSD Click here
Source:
Refinitiv IFR Research/Market Commentary