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Jun 22 - 03:55 PM
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AUD/USD - Pair Weighed Down By USD, US Yields, Japan's Yen
By Christopher Romano — Jun 22 - 01:53 PM
• NY opened near 0.7000 after AUD/UDS traded 0.7019-0.6994 overnight
• The pair rallied in early action as equities, gold & silver traded upward
• 0.7013 traded, sellers then emerged and 0.6997 traded, the pair neared 0.07705 late
• USD buying, AUD/JPY's pull back from its high & firm U yields weighed on AUD/USD
• Equities turning lower on the day helped the pair traded down -0.21% late in the day
• Techs lean bearish; RSIS are falling & the pair trades
below the 10- & 21-DMAs
audusd
(Christopher Romano is a Reuters market analyst. The views
expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters