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Nov 21 - 08:55 AM

AUD/USD - Soured Risk, US Bid Help Break Key Impediments

By Christopher Romano  —  Nov 21 - 07:10 AM
  • USD/CNH nears 7.1800 as yuan sinks on renewed lockdown fears nB8N2YE01K

  • Equities ESv1, commodities HGv1 fall while US rates EDH3 rise

  • All influences help drive risk-off sentiment, safe-haven US$ bought

  • AUD/USD broke the daily cloud top, 10-DMA; traded 0.6684-0.66055 overnight

  • NY opens near 0.6620, down -0.80% on the session; s-t techs lean bearish

  • Daily RSI implies s-t downward momentum remains; monthly techs lean bullish

  • Comments from San Francisco Fed's Daly is an event risk in NY's afternoon

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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