By Rob Howard — May 04 - 05:40 AM
AUD/USD remains below 0.67 after signs of stress at another US regional bank
PacWest tumbles, other regional bank stocks fall nL4N3711RTnL1N37041A
AUD is risk-sensitive. 0.6641-0.6699 was Asian session range nL1N3710B3
Iron ore drop to five-month low is also helping to keep AUD/USD sub-0.67
0.6702 was Wednesday's high, after Fed's rate pause steer hurt the USD
Tuesday top was 0.6717, on RBA hike. Australia's exports to China hit record
Source:
Refinitiv IFR Research/Market Commentary