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Free AccessAussie is edging lower in subdued Asian......>
AUSSIE: Aussie is edging lower in subdued Asian markets, the rate easing from
near $0.7900 to a base so far of $0.7885. Sources note supply in Aussie-kiwi for
the move, said to be profit-taking ahead of the weekend. Support remains at
$0.7867 which marks 61.8% fib retracement on $0.7808-$0.7963 rise and Aug24 low.
Aussie was last at $0.7888
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.