Free Trial

Positive Start to New Quarter


Path Of Least Resistance Remains Down


Eurodollar/Tsy Option Roundup


Consolidation Mode

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 held a relatively tight range Tuesday, with participants assessing familiar risks, including U.S. presidential transition & global coronavirus situation, amid little fresh to move the needle. The rate finished virtually at its opening levels.

  • Australian Westpac Consumer Confidence rose by 2.5% M/M to 107.7 from 105.0 this month, per the report released this morning. Westpac noted that "another strong result" reflects the impact of the unwinding of restrictions across Victoria and the re-opening of the Victoria/NSW border.
  • The rate last deals at $0.7284, virtually unchanged on the day. A break above Nov 9/Sep 16 highs of $0.7340/45 is needed to bring the upper 3.0% 10-DMA envelope at $0.7401 into play. Downside focus falls on Nov 6 low of $0.7239 and a break here would expose Nov 5 low of $0.7145.
  • Remaining data highlights in Australia this week include consumer inflation expectations, due Thursday.
MNI London Bureau | +44 203-865-3806 |
MNI London Bureau | +44 203-865-3806 |

To read the full story

Why Subscribe to

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.