Overall risk aversion, coupled with consequences of the Coronavirus, guided AUD/USD lower Monday, erasing more than 60 points and closing towards the bottom of its 0.6818/0.6752 range.
28
Jan
2020
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27
Jan
2020
Monday 27th January: APAC markets mostly closed; Japan lower
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Global Markets: Asian Stock Markets : Nikkei down 2.03% Commodities : Gold at $1577.55 (+0.36%), Silver at $18.17 (+0.30%), Brent Oil at $58.68 (-2.02%), WTI Oil at $53.06 (-2.09%) Rates : US 10-year yield at 1.648, UK 10-year yield at 0.559, Germany 10-year yield at -0.351 News & Data: (USD) Flash Manufacturing PMI 51.7 vs … Continue reading Monday 27th January: APAC markets mostly closed; Japan lower
26
Jan
2020
Monday 27th January: Weekly Technical Outlook and Review.
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Europe’s single currency glided to a fourth consecutive weekly loss vs. the buck in recent trade, as sellers strengthened their grip south of long-standing channel resistance, drawn from the high 1.1569.
24
Jan
2020
Friday 24th January: Asian markets take a breather on coronavirus fears
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Global Markets: Asian Stock Markets : Nikkei up 0.13%, Shanghai Composite down 2.75%, Hang Seng down 0.03%, ASX up 0.04% Commodities : Gold at $1560.25 (-0.33%), Silver at $17.79 (-0.23%), Brent Oil at $62.31 (+0.44%), WTI Oil at $55.82 (+0.41%) Rates : US 10-year yield at 1.743, UK 10-year yield at 0.583, Germany 10-year yield … Continue reading Friday 24th January: Asian markets take a breather on coronavirus fears
24
Jan
2020
Friday 24th January: Pound Trades North of 1.31 Ahead of Key UK Manufacturing Data.
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Relatively subdued, sterling mildly dipped lower Thursday and refreshed daily lows around the 1.31 mark. As the market assesses the possibility of a BoE rate cut, focus shifts to todays UK flash PMI metrics, with consensus forecasting a rise across the board.