Free Trial

EURAUD test high of the session


EURAUD test high of the session and up 0.55% so far.

  • Overnight, Westpac said they now expect the RBA to deliver cuts across the cash rate, 3-year yield target and new drawdowns of its TFF to 0.10%from 0.25% as soon as in Oct, has kept the currency on the backfoot across the board.
  • AUD is still leading losses against the USD in G10, down 0.74%.
  • Next resistance in EURAUD comes at 1.6521, and further out, the 200d is situated today at MA at 1.6609

To read the full story



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.