eFX Apex
The Institutional-Grade Data Hub
- Plus: Discretionary Trades
- Edge: Sentiment Trades
- Alpha: Systematic Trades
- Apex: Full Big Data Stream
• NY opened near 0.7045 after 0.7060 traded overnight, selling took hold
• Broad-based USD buying & rally in US yields weighed on AUD/USD
• USD got an added boost from gold, silver, copper, equity drops & USD/CNH gains
• AUD/UD fell to 0.7023, it neared 0.7035 late, traded down -0.35% in NY's afternoon
• Techs lean bullish; monthly RSI rising, pair above 10-, 21-, 55- & 200-DMAs
• US July payrolls report Friday is a key risk for investors
audusd

(Christopher Romano is a Reuters market analyst. The views
expressed are his own)