AUD loses bids as news and data worsen
AUD loses bids as news and data worsen AUD/USD exchanged down from highs around 0.7340 to move toward its short-term low around 0.7300 and keeping in mind that there are offers in front of the figure it has not bobbed (as I update). It looks revolting. NZD/USD is down a couple of focuses with AUD,
Read moreChina holds 1 and 5-year rates steady for the 15th month in a row
China holds 1 and 5-year rates steady for the 15th month in a row On the news front, it was a light day. In Australia, Covid lockdowns news sped up, the city of Melbourne (and state Victoria) lockdown was stretched out for an additional 7 days and the territory of South Australia will have a
Read moreEmpire Fed hits record but risk trades slide
Empire Fed hits record but risk trades slide The gold level at $1827 WTI raw petroleum down $1.53 to $71.60 US 10-year yields 6 bps to 1.295% S&P 500 down 14 focuses to 4347 JPY drives, AUD slacks The US dollar bid returned on Thursday with no genuine purpose. Early trading was stifled however as
Read moreAustralian unemployment rate drops under 5%
Australian unemployment rate drops under 5% NZD/USD is down likewise, however by a bigger number of pips. EUR, GBP, CAD, CHF are on the whole down against the huge dollar by shifting (limited quantities) moreover. Yen has dealt with a little addition against the USD. The Australian dollar was minimally pestered by the information discharge,
Read moreXtreamforex Asia FX news wrap: NZD above 0.7000
Xtreamforex Asia FX news wrap: NZD above 0.7000 The Australian and New Zealand dollars crept higher during the meeting, NZD/USD outperforming its US-time high to fly above 0.7000. The Australian dollar has recovered its US-time high yet has slowed down there. USD/JPY popped 110.40, adding a touch of try to please/JPY and NZD/JPY moreover. EUR/USD
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