Free Trial

Aud/Usd: Dec18 close $0.7662,........>

AUSSIE SUMMARY
AUSSIE SUMMARY: Aud/Usd: Dec18 close $0.7662, Dec19 Asia range $0.7656-73,
Europe $0.7667-84
*Aussie opened in Asia toward the upper side of yesterday's $0.7641-78 range
where firmer base-metal prices were seen to underpin the Aussie
*Early dealings remained light tied to a very narrow $0.7656-70 range 
*RBA's December minutes was met with a muted response, the central bank was
upbeat on economy growth and jobs, but cautious over wage growth and household
debt
*The quiet theme spilled over into Europe, Aussie consolidated either side of
$0.7670
*As commodity prices started to firm, Aud moved through the Asia high, gains
extended to $0.7684 before fading
*Investors look to close above the 200-dma ($0.7694) for the next leg higher,
opening a move toward reported macro supply at $0.7710. Aud/Usd last $0.7670.

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.
}); window.REBELMOUSE_ACTIVE_TASKS_QUEUE.push(function(){ window.dataLayer.push({ 'event' : 'logedout', 'loggedOut' : 'loggedOut' }); });