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Thomson Reuters
Jun 14 - 03:48 PM
AUD/USD - May Lows Crack On Contrasting China-US Data, Trade Fears
First appeared on eFXplus on Jun 14 - 02:00 PM
  • AUD/USD hit first overnight by poor Chinese data nL4N23L1WS
  • 0.6892 low on that broken by strong US retail sales, IP data
  • AUD and AUD yields still under pressure due to weak jobs report nL4N23J47A
  • NY sales cracks the May lows at 0.6865, nears 76.4% of '19 range at 0.6852
  • Only scant flash-crash trades below there until 0.6715 January 3 low
  • RBA June policy meeting minutes are out Tuesday, but FOMC is the key event

Chart: Click here

Source:
Thomson Reuters IFR Markets

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