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Jan 09 - 06:12 AM
AUD/USD - Drops To Test Asia Low After Iran-Related Quote
First appeared on eFXplus on Jan 09 - 03:55 AM
  • AUD/USD dropped to test 0.6863 (Asia low) after a reported quote from Araghi

  • Iran senior commander warns of "harsher revenge soon" - Tasnim news agency

  • See: nS8N26E014. 0.6880 was Asia high, 1.5 pips above Wednesday's NY peak

  • NY peak scaled after Trump suggested Iran was "standing down" nL8N29D36B

  • AUD/USD fell to test 0.6849 (Dec 19 low) before Trump boosted risk appetite

  • Australia calls for another mass evacuation as bushfires return nL4N29D4O0

AUDUSD: Click here

Source:
Refinitiv IFR Research/Market Commentary

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