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Oct 16 - 01:55 AM

AUD/USD - Melts As China Turns Up The Heat On Aussie Exports

By Ewen Chew  —  Oct 16 - 01:20 AM
  • AUD/USD slide resumes after late bounce Thurs, last 0.7075

  • Bears again push for confirmation of bearish technical cue

  • Fri close below 0.7080 triggers Bollinger downtrend channel

  • Increasing likelihood of RBA cut next month weighing AUD

  • China may be curbing more Australian imports nL4N2H70TG

  • Follows report of China possibly halting coal imports nL4N2H402X

  • For more click on FXBUZ


Source:
Refinitiv IFR Research/Market Commentary

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