By Rob Howard — Feb 25 - 04:35 AM
AUD/USD hits 0.8005 after digesting option-related offers ahead of 0.8000
0.8005 = high since Feb 2018. 0.80 was an option barrier level nL1N2KV0JD
Ascent to 0.8005 influenced by copper price rise to near 10-year high
See: nL1N2KV09L. Risk-sensitive AUD also lifted by global equity gains
Nikkei closed +1.67% nL4N2KV1UW. 0.7979 (Asia top) is now a support point
IMM speculators recently raised bearish AUD bets nL1N2KS0C5nL1N2KS0M8
AUDUSD Click here
Source:
Refinitiv IFR Research/Market Commentary