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Jul 27 - 07:55 AM

AUD/USD - Remains Above 0.7100 Amid Greenback Weakness

By Rob Howard  —  Jul 27 - 06:05 AM
  • 0.7120 is AUD/USD low since its early Europe rise to threaten 0.7146

  • 0.7146 was Asian session high, courtesy of USD selling nL2N2EY03T

  • Trump team, Senate Republicans agree on virus aid offer to Democrats

  • See: nL2N2EX053. RBA's Kent said not overly concerned about level of AUD

  • See: nS9N2DS02H. AUD/USD scaled a 15-month peak of 0.7184 last week

  • IMM speculators flip back to net AUD short position nL2N2EY080

AUDUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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