By Christopher Romano — May 10 - 02:10 PM
NY opened near 0.6960 after tight ranges help in Europe's morning
Pair lifts above 0.6980 in early trading but gains faded as US$ lifted
US rates bounce EDM3US2YT=RR help send U$ up, stocks, commodities down
AUD/USD fell to 0.6914 but rallied towards flat as equities turned positive
Daily doji formed, implies indecision; daily RSI didn't confirm today's low
China, German, US inflation data due Wednesday, may have big market impact
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Source:
Refinitiv IFR Research/Market Commentary