By Christopher Romano — Sep 04 - 07:15 AM
AUD/USD fell below the 21-DMA in Asia, hit a 12-session low of 0.66855
Commodity DCIOc2HGv1, equity ESv1 drops helped weigh on the pair
Buyers emerged however, pair turned positive, NY opened near 0.6715
AUD/USD traded up +0.06% in early NY on the back of US$ selling
US 2-yr yield US2YT=RR hitting a 16-month low helped weigh on US$
Daily techs warn shorts; RSI diverged, bull hammer candle formed
US July JOLTS report is the key data risk during NY trading today
July int'l trade & factory orders, Fed Beige Book risks also due
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary