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Published: 2024-08-19T04:15:07.000Z

AUD/USD flows: Benefits from soft USD and positive risk mood

byCephas Kin Long Yung

FX Analyst
1

The antipodeans are benefiting from softer USD and positive risk mood

The antipodeans are benefiting from softer USD and positive risk mood on Monday. Regional equities, except Nikkei and Topix, are in the green, so as U.S. three major equity indexes. Major pairs open a few pips lower, in favor of the USD but those were quickly closed and see major currency outperforming the greenback.

AUD/USD is trading 0.31% higher at 0.6690 and NZD/USD is 0.48% higher at 0.6083.

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Topics
Foreign Exchange
Flows
AUD/USD-Commentary

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