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May 17 - 07:55 AM

AUD/USD - Within Strike Of Big Expiries As It Holds Sub-0.78

By Rob Howard  —  May 17 - 05:53 AM
  • Large 0.7755/60 option expiries for the NY cut exert magnetism over AUD/USD

  • See: nL2N2N409X. 0.7745-0.7767 is AUD/USD range since the European open

  • 0.7787 was Asia high, before Asian equity losses hurt risk-sensitive AUD

  • Taiwan stocks closed down 3% nL2N2N402N. Nikkei down 0.9% nL2N2N40BS

  • China steel rebar, hot rolled coil fall for third day after hitting records

  • See: nL2N2N40DF. China retail sales growth below forecast nL2N2N403I

AUDUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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