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