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Thomson Reuters
Feb 11 - 08:36 AM
AUD/USD - Close To Five-Week Low As RBA Expectations Impact
First appeared on eFXplus on Feb 11 - 06:30 AM
  • AUD/USD down to 0.7081 intra-day low from 0.7108 high in Asia
  • Recent dovish shift in RBA expectations is helping weigh on AUD
  • AUD/USD was trading circa 0.7245 before Lowe spoke last Wednesday
  • 0.70605 was Friday's five-week low: 0.7108 = high water-mark since then
  • That high was notched on talk of a possible Trump-Xi meeting next month
  • See: nL1N20602J nL1N20600M. Trade talks resumed today nL1N20602J

AUDUSD: Click here

Source:
Thomson Reuters IFR Markets

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