AUD/USD: Mildly offered around 0.7700 amid subdued markets
newscatcher
2021-06-14 03:30
AUD/USD: Mildly offered around 0.7700 amid subdued markets
AUD/USD remains on the back foot near one-week low. Risk appetite dwindles amid pre-Fed cautious, lack of catalysts. Off in Australia, China and a light calendar elsewhere add to the sluggish markets. AUD/USD regains the 0.7700 threshold, following a drop to the intraday low of 0.7692, amid a lackluster trading session on Monday. While an extended weekend in Australia and China restricts market moves, a light calendar and thin news feed keep the pair tight-lipped of late. Even so, mildly bid S&P 500 Futures restrict the Aussie pair's downside amid a quiet session.

https://www.fxstreet.com/news/aud-usd-mildly-offered-around-07700-amid-subdued-markets-202106140322

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