Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jun 13 - 05:55 PM

AUD/USD - Safe Haven Bids Trump PPI, Claims Influences

By Christopher Romano  —  Jun 13 - 01:20 PM
  • NY opened near 0.6640 after a quiet overnight session, rally ensued

  • US yields US10YT=RR, US$ sank after May PPI, weekly claims reports

  • AUD/USD turned positive, 0.6675 traded but gains were not sustained

  • AUD/JPY fell sharply, USD/CNH hit 7.2700 while stocks & gold sank

  • AUD/USD turned lower, fell below the 10- & 21-DMAs & hit 0.66265

  • Pair bounced slightly but still traded down -0.42% late in the day

  • Falling RSIs and June's monthly doji give techs a bearish lean

  • US May export/import prices, June U of Michigan risks loom for Friday

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2024 eFXdata · All Rights Reserved
!