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Thomson Reuters
Mar 11 - 09:48 PM
AUD/USD - Edging Higher As Brexit Hopes Adds To Risk-On
First appeared on eFXplus on Mar 11 - 07:25 PM
  • AUD/USD traded as high as 0.7083 this morning after rising 0.37% Monday
  • Risk assets rallied Monday with S&P rising 1.46% and EEM ETF gaining 1.87%
  • Mood improved again this morning on hopes May/EU deal may pass Parliament
  • Key today will be AUD/JPY flows and moves on AXJ equity markets
  • NAB Survey today may get attention if significant changes to last month's
  • AUD/USD trading above 10-day MA (0.7072) for first time since Feb 28
  • Next level of resistance at the 21-day MA at 0.7103

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