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Apr 13 - 07:55 AM

AUD/USD - Helped To One-Week High By Robust Aussie Jobs Data

By Rob Howard  —  Apr 13 - 05:40 AM
  • AUD/USD rises to 0.6736 on across-the-board selling of the greenback

  • 0.6736 is highest level since April 5 (0.6780 was high that day)

  • AUD supported by Australian March employment beat; up 53k vs 20k forecast

  • Wednesday's softer than expected U.S. CPI data continues to weigh on USD

  • 0.69 and 0.70 AUD call/USD put options in demand for May-June expiry dates

  • Australia iron ore export hub braces for strongest cyclone in a decade

Source:
Refinitiv IFR Research/Market Commentary

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