9 Oct 2014
AUD/USD erases gains, falls below 0.8850
FXStreet (Córdoba) - AUD/USD pulled back sharply and erased gains in the last hours after hitting during the European session at 0.8897, the highest price in two weeks.
Greenback managed to stabilized across the board in the last horus and recently recovered ground after the release of the jobless claims report. The aussie remains weak in the market affected by the Australian jobs report.
Currently AUD/USD trades at 0.8842/44, just 0.02% above today’s opening price. From daily high declined more than 50 pips but managed so far to hold above Asian session lows that lie at 0.8796.
Greenback managed to stabilized across the board in the last horus and recently recovered ground after the release of the jobless claims report. The aussie remains weak in the market affected by the Australian jobs report.
Currently AUD/USD trades at 0.8842/44, just 0.02% above today’s opening price. From daily high declined more than 50 pips but managed so far to hold above Asian session lows that lie at 0.8796.