By Christopher Romano — Feb 23 - 11:55 AM
AUD/USD traded positive in early NY, 0.68355 hit then the rally stalled
Risk soured; equities ESv1, copper HGv1 fell & AUD/JPY pierced 91.45
US$ safe-haven buying emerged, USD/CNH hit 1-1/2-month high, neared 6.9200
AUD/USD fell below the 200-DMA, hit 0.6785 & held nearby into Europe's close
Daily inverted hammer formed; reinforces bearish monthly tech signals
US Jan. PCE & its potential impact on Fed policy risk looms for Friday
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary