Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
May 19 - 07:55 PM

AUD/USD - Stung By Higher US Yields, China Commodities Comment

By Krishna K  —  May 19 - 06:20 PM
  • AUD/USD opens 0.85% lower as Fed minutes mention possible future taper talk

  • Higher U.S. yields undermine; 10-year yield @ 1.6760, up 3.5bps nL2N2N628K

  • Sharp drop in commodity prices weigh; copper -3.2%, Dalian iron ore -3.3%

  • China says will stabilise commodity mkt, curb "unreasonable" price increases

  • Risk aversion exacerbates AUD drop; crypto volatility, stocks decline weigh

  • AU employment data due Thursday, Westpac expects a 10k rise in employment

  • Support 0.7710-15, 0.7690, 0.7670-75, resistance 0.7735, 0.7760-65

  • Related nL2N2N61B1nL2N2N612N

  • 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
© 2021 eFXdata · All Rights Reserved
!