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Apr 27 - 01:55 AM
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AUD/USD - Extends Gains, Eyeing Uptrend Channel On Iran Hopes
By Ewen Chew — Apr 27 - 12:07 AM
• AUD/USD extends higher to 0.7174, peeking into uptrend channel
• Currently near top of Monday range 0.7126-0.7177, as momentum builds
• Iran's proposal to reopen Strait of Hormuz triggers risk-on
• Suggestion to shelve nuclear talks for now may be well-received
• Iran reviewed with Pakistan conditions for resuming talks
• Parts of Australia, New Zealand closed Monday
AUD
(Ewen Chew is a Reuters market analyst. The views expressed are
his own.)
Source:
London Stock Exchange Group | Thomson Reuters