By Christopher Romano — Aug 17 - 01:35 PM
AUD/USD hit 0.63665 overnight, rally ensued, NY opened near 0.6415
Report China state banks sold USD/CNH intensified AUD/USD's rally
USD/CNH traded down to 7.2984 on D3 but then the selling abated
AUD/USD traded 0.6450 as the US$ was sold broadly but sellers did emerge
UST yieldUS10YT=RR gains, equity <ESv1 & copperHGv1 slips weighed
AUD/USD turned negative, neared 0.6410 & traded down -0.23% late
Monthly techs are bearish but a daily doji formed, may concern shorts
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Source:
Refinitiv IFR Research/Market Commentary