Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Aug 02 - 04:55 PM

AUD/USD - Longs Put On Defense On Fed, Geopolitical Influences

By Christopher Romano  —  Aug 02 - 01:50 PM
  • AUD/USD opened NY near 0.6925 after the pair fell sharply overnight

  • Drop aided by RBA comments, increased geopolitical tensions nL1N2ZE04S

  • AUD/USD hit 0.69125 but then bounced along with stocksESv1, copperHGv1

  • Pair traded to 0.6966 but then fell below 0.6930 late as risk softened again

  • Fed comments on policy, inflation nL1N2ZE1P1 help weigh down AUD/USD

  • Techs lean bearish; RSIs falling, pair below daily cloud, 55- & 10-DMAs

  • 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
© 2022 eFXdata · All Rights Reserved
!