Published: 2024-04-08T04:37:42.000Z
AUD/USD flows: Strong metal and USD balance out

FX Analyst
1
Metals performing strongly
But USD strong and sentiment mixed
Metals are performing strongly on Monday Asia with gold refreshing new high and Shanghai silver futures hitting limit up. However, despite a potential easing of geopolitical tension, regional sentiment is soft and U.S. major equity indexes have closed any gap higher.
The push and pull balanced out each other and see AUD/USD slipping 4 pips to 0.6575.