Free Trial

AUD/USD Off 0.75% From Late NY Highs

AUD

AUD/USD is at session lows, currently hovering just under 0.6480. The pair is now around 0.75% off late NY session highs. Broad based USD gains since the open have weighed. Regional equities are in the green, but are away from best levels. US futures are lower (-0.30%-0.50% at this stage). Commodities are mixed, with oil and copper slightly down, but iron ore back to a $97/tonne handle.

  • Earlier data on job vacancies dipping and an ABS update on the new monthly CPI indicator didn't shift sentiment.

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.