Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Nov 20 - 08:55 AM

AUD/USD - Risk Sentiment, Spreads Put Bears On Defense

By Christopher Romano  —  Nov 20 - 07:20 AM
  • Upbeat risk lifts equities ESv1, sends copper HGv1 to 29-mo high

  • Safe-havens US$, yen are sold, AUD/JPY rallies above 75.90

  • 3-year AU-US yield spreads tighten, US$ yield advantage erodes a bit

  • AUD/USD dips below 0.7270 overnight but climbs back above the 10-DMA

  • Pair turns positive on the session, trades to 0.7315 in early NY trade

  • Nov. 19 & 20 daily bull hammers suggests dips are being bought

  • 0.7340/50 is resistance, if breaks 0.7410/15, 0.7445/55 tests are likely

  • For more click on FXBUZ





aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2020 eFXdata · All Rights Reserved
!