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Jan 11 - 01:55 AM

AUD/USD - Beaten Back By Resurgent USD

By Krishna K  —  Jan 11 - 12:12 AM
  • AUD/USD down 0.8% in Asia as USD recovers strongly on rising U.S. yields

  • U.S. 10-year yield settles above 1.1% on expectations of more U.S. stimulus

  • Biden to unveil trillions in pandemic economic relief Thursday nL1N2JJ2BL

  • Copper falls 1.1%, Dalian iron ore futures down 1%, undermine AUD sentiment

  • Australian shoppers pre-Christmas splurge seen boosting Q4 GDP nL1N2JM043

  • Support 0.7680-85, 0.7636-41, resistance 0.7730, 0.7760-70

  • For more click on FXBUZ


Source:
Refinitiv IFR Research/Market Commentary

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