By Robert Howard — Mar 21 - 05:12 AM
• A large 0.6300 option expiry is helping to anchor AUD/USD
• The size of the strike for the 10am ET NY cut is A$1 billion
• 0.6271 was Thursday's one-week low, as risk aversion hurt AUD
• Stop-loss sell orders tipped below 0.6260 (0.6259 = March 11 low)
• Australian Feb inflation data due next week (March 26); 2.5% forecast
AUDUSD
(Robert Howard is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters