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Aug 13 - 12:12 AM
AUD/USD - Edges Higher After PBOC Fix
First appeared on eFXplus on Aug 12 - 09:55 PM
  • The USD/CNY fix once again came in at the low end of expectations
  • Market relieved that China not yet weaponizing CNY in trade war dispute
  • S&P futures around 0.24% higher after Monday selloff
  • AUD/USD edged higher after the CNY fix to trade to 0.6762
  • AUD/USD holding above support formed at 0.6745, but bounces are contained
  • A break below 0.6740 would likely see selling accelerate towards 0.6677

aud/usd Click here

Refinitiv IFR Research/Market Commentary


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