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Sep 21 - 07:55 AM

AUD/USD - Lifted By Bounce In European Shares

By Rob Howard  —  Sep 21 - 06:06 AM
  • AUD/USD climbs to 0.7283 as European shares bounce nL4N2QN18V

  • 0.7283 is the highest level since Monday's four-week low of 0.7221

  • Drop to 0.7221 was fuelled by risk aversion on Evergrande fears nL1N2QM1GW

  • AUD is a risk-sensitive currency while the USD is a safer-haven

  • RBA wary in case Delta slows recovery nL1N2QN02A

  • AUD positioning darkest before dawn? Bulls hope so nL1N2QN0HI

AUDUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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