By Ewen Chew — Jan 12 - 11:47 PM
• AUD/USD slides to 0.6132, lowest since Apr 2020, as USD reigns
• Negative technical bias enforced by bearish closing on Fri
• Bollinger downtrend channel engaged; ceiling currently 0.6180
• Risk-off spreads in Asia as US NFP overshadows China trade data
• Strong beat on China Dec exports fails to lift mood
• Markets already priced in upbeat numbers due to front-loading
AUD:
(Ewen Chew is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters