Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Nov 13 - 04:55 PM

AUD/USD - Four Month Low Hit After Bulls Lose Early Traction

By Christopher Romano  —  Nov 13 - 01:35 PM
  • NY opened near 0.6525 after a tight range traded overnight

  • 0.6545 hit after US yields US2YT=RR, US$ sank after US Oct. CPI

  • Sellers emerged however as post-CPI moves began reversing

  • Yields, US$ bounced; USD/CNH hit a new high & gold XAU= turned lower

  • AUD/USD turned lower again, hit a 3-mo low of 0.64805, was down -0.71% late

  • Techs are bearish; RSIs are falling, monthly inverted hammer in place

  • Australia October employment report is a key risk in Asia trading hours

  • US weekly jobless claims and October PPI are data risks Thursday in NY

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2024 eFXdata · All Rights Reserved
!