Welcome Guest:
Sign Up
Derived real-time data in partnership with:
Thomson Reuters
Dec 20 - 03:48 PM
AUD/USD's Post-Fed Breakdown Eyes October Lows
First appeared on eFXplus on Dec 20 - 01:30 PM
  • AUD/USD's oversold bounce in Ldn rejected by offers into 0.7150
  • Dec 14 swing low at 0.7150 used as a backstop for fresh shorts
  • 0.7086 low a 7-week low in late Asian trade nL1N1YP04V nL1N1YP079
  • Ascent from 0.7086 fuelled by across-the-board USD selling nL1N1YP069
  • Aussie jobs data decent but not as good as it looks, temps bolstered
  • Soft stocks, copper amid global trade & econ concerns hurting AUD
  • 0.7021 Oct low in play led by AUD/JPY risk-off rout nL1N1YP12V

Chart: Click here

Source:
Thomson Reuters IFR Markets

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
!