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Derived real-time data in partnership with:
Thomson Reuters
Oct 07 - 11:00 PM
AUD/USD - No Movement After USD/CNY Fix
First appeared on eFXplus on Oct 07 - 09:30 PM
  • AUD/USD continues to idle around 0.7055 after USD/CNY fix
  • The USD/CNY fix mid-point is 6.8957 - highest since May 11, 2017
  • But it is below the 6.9000, which may draw some relief for EM currencies
  • The USD/CNH is trading at 6.8980 - below earlier high at 6.9147
  • AUD/USD resistance at 0.7085/90 where Friday high & former support converge
  • Support at Friday's 0.7042 low and psychological support at 0.7000

aud/usd Click here

Source:
Thomson Reuters IFR Markets

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