Friday, October 16, 2026

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AUD/USD - AUD continues to suffer on weak China trade data

Recent lows at 0.7580 and 0.7553 and high in Asian session at 0.7678 Carry trade demand for AUD had helped inflate pair to 0.7739 last week Major support at 0.7534 -6yr low on Apr 2 Large 0.76 option expiry today. Size o…

By Earlence Fernandes
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • Recent lows at 0.7580 and 0.7553 and high in Asian session at 0.7678

  • Carry trade demand for AUD had helped inflate pair to 0.7739 last week

  • Major support at 0.7534 -6yr low on Apr 2

  • Large 0.76 option expiry today. Size of strike estimated at AUD 1.7bn
  • AFR: Hockey warns of USD 35/tonne iron ore 

 

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Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560

By FxWirePro Team