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Oct 02 - 07:55 AM

AUD/USD - Within Strike Of 0.6900 Before US ADP Jobs Report

By Rob Howard  —  Oct 02 - 05:55 AM
  • 0.6904 is high water-mark for AUD/USD since its Asian session fall to 0.6876

  • There are 0.6900 option expiries for the 10am ET NY cuts today and Thursday

  • US ADP jobs report due at 1215 GMT; 120k f/c (NFP data due Friday; 140k f/c)

  • ADP miss might lift AUD/USD towards 0.6943 (Monday's 19-month high)

  • 0.6858 was Tuesday's low, after Iran attacked Israel (USD is safe-haven)

Source:
Refinitiv IFR Research/Market Commentary

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