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Apr 19 - 01:55 AM

AUD/USD - Small Bounce As Iran Plays Down Extent Of Israel Attack

By John Noonan  —  Apr 18 - 11:50 PM
  • AUD/USD recovering from deep plunge following reports of Israel retaliation nL2N3GS08K

  • Risk assets staging minor recovery after Iran officials played down attacks nS8N3G2029

  • E-minis were down 1.7% at one stage and now down around 1.0%

  • AUD/USD traded as low at 0.6363 and is now trading around 0.6390

  • Markets remain nervous as fears of escalation continue to spook investors

  • Investors await clarification on extent of Israel action

  • AUD/USD resistance around 0.6410/25 where it traded before the news

  • For more click on FXBUZ

Refinitiv IFR Research/Market Commentary


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