AUDUSDAustralian Dollar / US Dollar
0.7176
+0.17%
SUPPORT:0.71410.7087
RESISTANCE:0.72120.7265
Past
What happened
The Aussie firmed to 0.7176, near its 12-month high, riding the risk-on tech tape and a firmer oil price.
Why
Why it matters
AUD is tracking equity risk appetite and the commodity bounce more than rate spreads in the current regime.
Watch
What to watch
0.7200 is the key resistance; a hold above keeps the uptrend intact, with 0.7120 as first support.
HEADLINES
- Treasury Yields, Dollar Rise on Reports Tehran Is Exiting TalksThe Wall Street Journal
- Dollar drifts lower as oil falls on Hormuz deal optimismReuters
- The Dollar is Now Lower Than When the Iran War BeganThe Wall Street Journal