Free Trial

Aud/Usd: Nov28 close $0.7595,........>

AUSSIE SUMMARY
AUSSIE SUMMARY: Aud/Usd: Nov28 close $0.7595, Nov29 Asia range $0.7583-0.7608,
Europe $0.7576-0.7600
*Traders reported of light volumes in Asia as the aussie consolidated in a
narrow $0.7583-0.7608 range
*Aud/Jpy supply following the N Korea missile took the rate back under $0.7600,
slippage extended to $0.7583 before corporate demand ahead of $0.7580 cushioned
*Cross play once again dictated price action during a quiet European morning
session
*Aussie touched $0.7600 before Eur/Aud short covering started to pressure,
slippage through the Asia low extended to $0.7576 before fading
*Tech support is seen at $0.7575/59 (61.8%/76.4% $0.7532-0.7645). Aud/Usd last
$0.7584.

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' }); });