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Nov 11 - 05:55 AM

AUD/USD - Drops To Five-Week Low On Contrasting Data

By Rob Howard  —  Nov 11 - 03:48 AM
  • AUD/USD hits 0.7287 after breaking below 0.7296 (Asian session low)

  • 0.7287 is the lowest level since Oct 7 (0.7269 was the low that day)

  • Shock fall in Australian Oct employment is weighing on the AUD nL1N2S201L

  • USD buoyed by jump in UST yields after hot U.S. CPI data nL1N2S134P

  • More: nL1N2S11BJ. 0.7340 was Asia high, before the weak Aussie jobs data

  • Powell or Brainard? Biden weighs his pick for Fed chair nL1N2S201I

AUDUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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