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Jun 23 - 04:55 PM

AUD/USD - Risk Rally Fades But Bulls Are In Charge

By Christopher Romano  —  Jun 23 - 02:45 PM
  • NY opens near 0.6925 as risk-on takes hold after Navarro nL1N2E00OX

  • Equity & copper gains combine with outflows from safe-haves to boost risk

  • AUD/USD rally nears the June 16 daily high but halts at 0.6974

  • US$ recovers and some equity gains erode, AUD/USD dips near 0.6930

  • AUD/USD still up near 0.50% late in the day & techs remain bullish

  • Those looking to buy an AUD/USD dip could be facing FOMO nL1N2E01BF

  • For more click on FXBUZ











aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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