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Thomson Reuters
Apr 18 - 08:36 AM
AUD/USD - Drops To Threaten Wednesday's Low Pre-U.S. Data
First appeared on eFXplus on Apr 18 - 05:55 AM
  • AUD/USD eyes 0.7153 (Wednesday's low) after extending south from 0.7200
  • 0.7200 was Asia high following Aussie employment data beat nL3N2200K4
  • USD strength precedes raft of U.S. data at 1230GMT, including retail sales
  • Retail sales f/c +0.9 pct. Beat could further depress AUD/USD to 0.7140
  • 0.7140 was Tuesday's low, after dovish RBA minutes nL3N21Y0PR
  • Wednesday's high was 0.7206, after strong China data nL3N21Z0OK

AUDUSD: Click here

Source:
Thomson Reuters IFR Markets

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