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Dec 01 - 07:55 AM

AUD/USD - Within Strike Of 0.7165 After Rally From 1-Year Low

By Rob Howard  —  Dec 01 - 06:04 AM
  • AUD/USD has traded a 32 pip range since 0600 GMT; 0.71405-0.71725

  • 0.71725 is the highest level since Tuesday's 12-month low of 0.7063

  • Tuesday's low was plumbed after USD jumped on hawkish Powell nL1N2SL1O5

  • More: nL1N2SL2PP. 0.7119 was Asian session low nL1N2SM06H

  • There is a large 0.7165 option expiry for the 10am ET NY cut nL1N2SM0DD

  • Australia Q3 GDP down 1.9% QQ vs forecasts of 2.7% drop nL1N2SM02E

AUDUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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