By Christopher Romano — Feb 10 - 01:35 PM
AUD/USD opened NY near 0.6920 then traded a tight 0.6910-0.69485 range
US rate EDZ3 & buoyant US$ helped to limit AUD/USD's topside
Iron-ore DCIOc2 gains, equity bounce off lows helped to limit the downside
Pair traded down -0.18% late in the session but near flat for the week
Techs lean bearish; RSIs falling, pair below the 10- & 21-DMAs
US January CPI & its potential impact on Fed policy risk looms next week
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary