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Sep 15 - 03:55 PM

AUD/USD - Balanced Risks Keep Investors Indecisive

By Christopher Romano  —  Sep 15 - 01:44 PM
  • Drop in iron-ore DCIOc2, AU yields AU3YT=RR weigh on AUD/USD

  • AUD/JPY drop on yen buying also helps temper AUD/USD bulls

  • Equity ESv1, copper HGv1 gains & USD/CNH drop temper AUD/USD bears

  • AUD/USD holds within the 0.7315/0.7340 zone for NY, near 0.7330 late

  • Daily doji candle forms, suggests investors are indecisive

  • Techs lean bearish, monthly gravestone doji in place, AUD/USD below 55-DMA

  • Aussie August employment data AUEMP=ECI is a key risk in Asia

  • For more click on FXBUZ



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Source:
Refinitiv IFR Research/Market Commentary

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