Free Trial

AUD/USD Dragged 50 Pips Off Highs Amid Post-ISM Greenback Strength

AUD
  • Post-ISM USD strength puts AUD/USD back to flat on the session, dragging prices around 50 pips off the session high. Fed rate hike pricing also gets a boost, with markets narrowing in on that solid prices paid number specifically.
  • Initial US yield rally puts the 10y at 3.9945%, a new YTD high, and prices are pushing further at typing.

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.