AUD/USD, S&P/ASX 200, RBA – Speaking Factors:AUD/USD down with Aussie yields however ASX 200 resilient in risk-off commerceAu
AUD/USD, S&P/ASX 200, RBA – Speaking Factors:
- AUD/USD down with Aussie yields however ASX 200 resilient in risk-off commerce
- Aussie Greenback unable to capitalize as US-Iran battle seems to chill off
- Rising RBA charge lower bets sign worries about Australian financial well being
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Jan 14
( 03:01 GMT )
Recommended by Ilya Spivak
AUD/USD Trading Preparation for the Week Ahead
The Australian Dollar traded true to its typical pro-risk profile as tensions between the US and Iran exploded, dropping alongside the usual set of cycle-sensitive property just like the S&P 500. Go-to defensive performs – Treasury bonds, gold and the Japanese Yen – dutifully declined.
The defensive temper understandably drove yields decrease as capital fled to the perceived security of presidency debt and traders contemplated the likelihood that detrimental knock-on results type the…