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Jan 06 - 01:55 AM

AUD/USD - Holds Gains, Awaits Results Of Tight US Senate Races

By Krishna K  —  Jan 06 - 01:01 AM
  • AUD/USD perched at 2 1/2 year high of 0.7779 in Asia as commodities rally

  • Boosted by broad USD weakness as markets await results of tight Georgia vote

  • Razor-thin margins in Georgia Senate races will decide fate of Biden agenda

  • Results won't be known till noon Wednesday-officialnW1N2HK04GnL1N2JG0PL

  • Buoyant iron ore and copper prices and strong yuan underpin Aussie

  • Resistance 0.7813, April 2018 high, 0.7885 100-month MA; support 0.7730-35

  • For more click on FXBUZ


Source:
Refinitiv IFR Research/Market Commentary

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