Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Aug 20 - 07:55 PM

AUD/USD - Dip Buyers Return As Risk Rally Resumes

By Krishna K  —  Aug 20 - 06:20 PM
  • AUD/USD opens +0.2% as buyers emerge after near 2% drop from Wed 0.7275 high

  • Boosted by strong risk appetite on global economic recovery optimism

  • Nasdaq closes at all-time high; 19th record closing high since early June

  • Post-FOMC USD short-covering rally subsides as U.S. yields drift lower

  • Australia-China trade tensions may slow AUD rise nL4N2FL4NInL4N2FK0DO

  • Elevated copper prices, steep gains in iron ore prices supportnL8N2FF53Z

  • Support 0.7155-60, 0.7130-35, 0.7105-10; resistance 0.7205-10, 0.7225-30

  • For more click on FXBUZ


China Steel Output Resilient During Pandemic : Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2020 eFXdata · All Rights Reserved
!