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Jun 26 - 07:55 AM

AUD/USD - Remains Below 0.69 Amid COVID-19 Concerns

By Rob Howard  —  Jun 26 - 06:05 AM
  • Offers ahead of 0.69 are keeping a lid on AUD/USD amid COVID-19 concerns

  • COVID-19 cases across the U.S. rose by a record amount on Thursday

  • See: nL1N2E216N. There are big 0.69 and 0.6895 option expiries next week

  • A$1.2bln 0.69 strike rolls off Tuesday; A$1.7bln 0.6895 expiry July 2

  • 0.6895 was double hourly high in Asia (0.6862 was interim low)

  • Debelle to speak about RBA's policy actions and balance sheet on Tuesday

AUDUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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