Free Trial
USDCAD TECHS

Impulsive Rally Extends

US TSYS

Late Eurodollar/SOFR/Treasury Option Roundup

EURJPY TECHS

Price Is Below The 50-Day EMA

US

Late Corporate Credit Update

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

AUD/USD Seeing Modest Selling Pressure

AUD

AUD/USD is off -0.20% from NY closing levels. The pair last tracked close to 0.7075. The move lower in the A$ is line with some modest moves higher in the USD against the majors, although the AUD is underperforming slightly. Firmer US equity futures hasn't helped AUD/USD a great deal at this stage. AUD/JPY is back above 94.00 though, last 94.15/20, thanks to higher USD/JPY levels.

  • The dip in AU consumer inflation expectations (5.9% versus 6.3% previously) hasn't impacted sentiment a great deal. AU bond yields are mostly higher, the 2 up 3bps to 2.77%, likewise for the 10yr to 3.27%.
  • In the commodity space, iron ore is a little higher, back above $112/tonne. Gold is lower though ($1788 last), which is around the lows from yesterday's session.
128 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

AUD/USD is off -0.20% from NY closing levels. The pair last tracked close to 0.7075. The move lower in the A$ is line with some modest moves higher in the USD against the majors, although the AUD is underperforming slightly. Firmer US equity futures hasn't helped AUD/USD a great deal at this stage. AUD/JPY is back above 94.00 though, last 94.15/20, thanks to higher USD/JPY levels.

  • The dip in AU consumer inflation expectations (5.9% versus 6.3% previously) hasn't impacted sentiment a great deal. AU bond yields are mostly higher, the 2 up 3bps to 2.77%, likewise for the 10yr to 3.27%.
  • In the commodity space, iron ore is a little higher, back above $112/tonne. Gold is lower though ($1788 last), which is around the lows from yesterday's session.