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Thomson Reuters
Sep 14 - 07:24 AM
AUD/USD - Expiry Exerts Magnetism Pre-US Retail Sales Data
First appeared on eFXplus on Sep 14 - 05:50 AM
  • Big 0.7200 option expiry for 10am ET NY cut is helping to anchor AUD/USD
  • AUD 1.35bln strike. 0.7199 = low water-mark since 0.7216 European am high
  • 0.7216 was notched after Nikkei closed up 1.2 pct nL3N1W034X
  • US Aug retail sales data due 1230GMT, +0.4 pct f/c vs +0.5 pct in July
  • Weaker than expected US retail sales could boost AUD/USD towards 0.7229
  • 0.7229 was Thursday's one-week high after sub-f/c US inflation data

US retail sales data: Click here

Source:
Thomson Reuters IFR Markets

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