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Aug 04 - 06:55 AM

AUD/USD - Helped To Two-Day High By Asian Equity Gains

By Rob Howard  —  Aug 04 - 05:25 AM
  • AUD/USD rises to 0.6976 as positive Asian stocks support risk-sensitive AUD

  • See: nAZN0EMO73. U.S. equities racked up big gains Wednesday nL1N2ZF2T8

  • Offers are tipped pre-0.70. Large 0.7000 option expiry today nL1N2ZG0D3

  • 0.7048 was Monday's six-week high -- before AUD fell on RBA, Taiwan tension

  • RBA SoMP Friday (11.30am AEST). RBA hiked by 50 bps Tuesday nL1N2ZE08W

  • China fires missiles in largest ever drills in waters off TaiwannL1N2ZG03C

Source:
Refinitiv IFR Research/Market Commentary

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