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Aug 13 - 07:55 PM

AUD/USD - Opens Slightly Lower Ahead Of Lowe And China Data

By John Noonan  —  Aug 13 - 06:15 PM
  • AUD/USD opens 0.18% lower after NY copper fell over 2.5% to weigh on AUD

  • Sellers ahead of 0.7200 capped AUD/USD when USD broadly weakened in Europe

  • Support at 21-day MA at 0.7140 and a close below increases downward pressure

  • RBA Governor Lower appears before Parliament this morning

  • Key China data out today with IP, retail sales and urban investment on tap

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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