Free Trial

AUD/USD operates slightly off the intraday...>

AUSSIE
AUSSIE: AUD/USD operates slightly off the intraday highs and last trades at
$0.7074. 
- Early in the Asia-Pacific dealing the pair climbed from the session lows at
$0.7057 on the back of Fitch affirming Australia's AAA credit rating; outlook
stable. News re: credit rating allowed the Aussie to outperform the NZD despite
risk off flows weighing on Asia-Pacific equities. 
- Bulls seek to retake the Oct 17 high at $0.7160 before challenging the key
$0.7200 level, while bears keep an eye on the YTD low at $0.7041. A break below
would open up the psychological $0.7000 level.

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.