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Nov 15 - 05:55 AM

AUD/USD - Climbs To Two-Month Peak As Greenback Sags

By Rob Howard  —  Nov 15 - 03:35 AM
  • AUD/USD rises to 0.6763 (two-month high) as the greenback sags nL8N32B25T

  • Risk-sensitive AUD supported by Chinese equity gains: Hang Seng up 4.1%

  • See: nL1N32B0I5. 0.6763 is just shy of 61.8% Fibo of 0.7136-0.6170

  • 0.6723 (Monday's high) is now a support point. 0.6686 was Asian session low

  • Australia looks forward to constructive dialogue with China - PM Albanese

  • See: nL1N32B0IQ. RBA considered 50 bps rate hike on Nov 1 nS9N31B019

Source:
Refinitiv IFR Research/Market Commentary

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