Free Trial

AUD/USD trades 10 or so pips softer, last....>

AUSSIE
AUSSIE: AUD/USD trades 10 or so pips softer, last ~ $0.7105, as modest risk off
flows dominate early dealing this week after weekend headlines surrounding
U.S.-Saudi tensions & Brexit impasse.
- The NY October 11 low ($0.7091) presents immediate support, while resistance
is noted at Friday's high ($0.7140).
- Focus falls of the minutes from the RBA's most recent MonPol decision, due
tomorrow, with the domestic labour market report due Thursday.
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

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.