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Mar 22 - 07:55 AM

AUD/USD - Back Above 0.77 After Dropping On Lira's Plunge

By Rob Howard  —  Mar 22 - 06:26 AM
  • AUD/USD has traded a 24 pip range since 0630GMT, 0.7711-0.7735

  • 0.7734 was Asian session high after drop to 0.7689 on Turkish lira's plunge

  • See: nL1N2LK0A4. AUD viewed widely as liquid proxy for risk appetite

  • 0.7689 = lowest level since March 10. 0.7744 was Friday's NY closing level

  • IMM speculators maintain net AUD long position nL1N2LH2ZCnL1N2LH31R

  • Blackstone rolls the dice with A$8bln move on Crown Resorts nL1N2LJ0JY

AUDUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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