Monthly Archives: October 2019

Wednesday October 2nd, 2019

US$ rebounded overnight after its rapid sell off yesterday related to the disappointing U.S manufacturing data (decade low). Investors brushed off the weak data focusing on the US’s relatively strong economy, the focus has shifted to Fridays Non-Farm payroll for direction. Aud rebounded from i...
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Tuesday October 1st, 2019

US$ strength continues as it hits 29 month highs, boosted by the resumption of trade talks and positive US economic conditions. Expectations are that the US$ will remain firm as Investors are cautious of Eur and the growing sentiment that the FED will hold interest rates. The Reserve Bank of Austra...
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