Welcome Guest:
Sign Up
Derived real-time data in partnership with:
Thomson Reuters
Nov 23 - 07:24 AM
AUD/USD - Weighed Down By SSEC's 2.5 Pct Fall
First appeared on eFXplus on Nov 23 - 05:35 AM
  • AUD/USD drop to 0.7231 influenced by SSEC's 2.5 pct fall nZZN2RG400
  • One of the roles of the AUD is to be a China-proxy currency
  • 0.7231 = two-day low (0.7235 = Thursday's low). 0.7244-0.7257 was Asia range
  • Bids expected near 0.7200 if AUD extends south: 0.7202 was one-week low Weds
  • 0.7338 was 11-week high last Friday, before US/China discord at APEC summit
  • Trump and Xi are due to meet in Argentina late next week

AUDUSD: Click here

Source:
Thomson Reuters IFR Markets

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
!