Free Trial

As the commodity led rally starts to fade,...>

AUSSIE
AUSSIE: As the commodity led rally starts to fade, Aud/Usd eases back toward the
$0.7805/10 area. A break back under $0.7800 can look to re-test earlier lows
($0.7788), opening a deeper move toward $0.7773/53 (100 & 200-dma's). Following
this morning's dovish commentary from RBA Governor Lowe, focus turns to the
quarterly SoMP for further guidance, scheduled for release tomorrow at 0030GMT. 

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.