Free Trial
THB

Baht Keeps Struggling

BOJ

Fixed Rate Operation Offer

CNH

USD/CNH Sticking To Recent Ranges

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
AUSSIE
AUSSIE: AUD/USD struggled on Monday as FX risk proxies took a hit on the back of
the pressure on the U.S. tech space/broader U.S. equity mkts, as well as the
latest round of trade war salvos from over the weekend and China's Commerce
Ministry announcing that it is launching an anti-dumping investigation on
imported barley from Australia. Some suggested that this will be interpreted as
retaliation for the AU-U.S. security deal that was signed over the weekend.
- Rate last deals at $0.7299. Initial support is noted at the 100-DMA at
$0.7256. Bulls seek a close above $0.7328 to confirm the recent bullish trend.
- Focus falls on the RBA Nov meeting minutes, although most see little scope for
any ground-breaking information as the decision was supplemented by the
quarterly SoMP. RBA Gov. Lowe will speak later in the day, with the address
titled "trust & prosperity."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.