Free Trial

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

AUD/USD trades around unchanged levels at....>

AUSSIE: AUD/USD trades around unchanged levels at $0.7045, with little follow
through on the back of the weekend rhetoric between U.S. President Trump & his
Chinese counterpart Xi re: trade & an uptick in U.S. equity index futures.
- While the pair steered clear of falling to fresh multi-year lows Friday, it
remains uncomfortably close to the $0.7017 level printed Thursday. The
psychological $0.7000 level is increasing in importance heading into the new
year. Conversely, bulls look for a move above a recent series of intraday highs
layered between $0.7069 & $0.7149, and ultimately a rally through the 50-DMA of
$0.7187 & the 100-DMA at $0.7194 to arrest the decline.
- Lower tier AU data is due this week, with CoreLogic house price data, due
Wednesday, headlining.
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

To read the full story

Why Subscribe to


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.