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Thomson Reuters
Sep 07 - 07:24 AM
AUD/USD - Close To 30-Month Low Before U.S. Jobs Data
First appeared on eFXplus on Sep 07 - 06:10 AM
  • AUD/USD met headwind just shy of 0.7166 after rising from 0.7138
  • 0.7138 was early Europe 30-month low. 0.7166 was Thursday's low
  • Drop to 0.7138 influenced by fears U.S./China trade war might escalate
  • U.S. Aug jobs report due 1230GMT: NFP f/c 191k, AHE f/c +2.7 pct YY
  • AUD/USD short-covering may kick-in if U.S data disappoints
  • 0.7200-11 is a resistance window beyond 0.7166. 0.7202 was Asia high

US jobs data: Click here

Source:
Thomson Reuters IFR Markets

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