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Oct 02 - 02:55 AM

AUD/USD - Slides As Trump Confirms COVID-19 Diagnosis

By Ewen Chew  —  Oct 02 - 01:10 AM
  • AUD/USD slid to 0.7131 from 0.7160 on Trump's COVID-19 diagnosis

  • Could reach 0.7084 base of daily Ichimoku Cloud support

  • Closing below increases odds of deeper move below 0.7000 barrier

  • US President tweeted that he tested positive for virus nFWN2GS169

  • Undergoing quarantine and recovery process immediately

  • Risk off sends US S&P futures to -1.2% from -0.3%, lifts USD

  • For more click on FXBUZ


Source:
Refinitiv IFR Research/Market Commentary

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