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Sep 09 - 08:55 AM

AUD/USD - Fibos Pierced With Help From US Rates, Upbeat Risk

By Christopher Romano  —  Sep 09 - 07:25 AM
  • AUD/USD hit a 7-session high as US rates EDH3, US2YT=RR, US$ fall

  • USD/CNH fell below 6.9180 & hit a 4-day low & most EM ccys up vs US$

  • Equities ESv1 up sharply; iron-ore DCIOc2, copper HGv1 gain as well

  • AUD/USD traded 0.6877, rally stalled short of the falling 21-DMA

  • Techs lean bullish; pair above the 10-DMA, daily & monthly RSIs rising

  • Comments from Fed's Evans, Waller & George will be risks during NY hours

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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