By Robert Howard — Jan 23 - 05:05 AM
• Large 0.6260 option expiry exerts magnetism over AUD/USD before Trump speaks
• Trump to remotely address business, political leaders in Davos at 1600 GMT
• Offers pre-0.63 capped AUD/USD at its highest level since Jan 6 on Wednesday
• 0.6131 was 57-month low last week (Jan 13), after USD rose on NFP beat
• U.S. weekly jobless claims data due at 1330 GMT; 220k forecast vs 217k prior
• Fed rate hold expected next week (Jan 29). RBA rate cut likely on Feb 18
AUDUSD
(Robert Howard is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters