QUICK MARKET WRAP

Post author By manishaxtream
Post date June 15, 2021

QUICK MARKET WRAP

The Australian dollar fell after the announcement of the meeting minutes, dropping by about 15 points to a low of around 0.7695. The New Zealand dollar/U.S. dollar fell a few points. Since then, the two have become a little bit apart. US dollar/Canadian dollar and US dollar/Japanese yen. The scope of all these is very small. Gold bulls hit daily lows, bringing gold prices back to US$1,860. As the U.S. dollar strengthens, all eyes will be on the Fed. The FOMC focused on the US dollar before.

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