READ N' GO-Daily News Recap

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READ N' GO-Daily News Recap

Good morning traders! This is the official account to find out all the breaking news that may/may not affect your trading decision such as economic policies, political moves, global agendas, and more.

BUT first, to start off your day with a bang, here's a recap of the important news we think you should recall, ICYMI yesterday!

  1. PBOC sets USD/ CNY mid-point today at 6.3956 (vs. yesterday at 6.3909)
  2. NZ business survey (preliminary, June): Confidence -0.4% (prior +1.8%) & Activity outlook +29.1% (prior +27.1%)
  3. US President Biden to meet with UK Prime Minister Johnson Thursday 10 June 2021
  4. Australia - Westpac Consumer Confidence Index for June -5.2% m/m (prior -4.8%)
  5. New Zealand ANZ Truckometer for May: Heavy Traffic index -4.8% m/m (prior -1.2% m/m)
  6. NZD/USD targeted at 0.75 in coming months. Model fair value estimate highest in 5 years
  7. Bitcoin update - trading higher towards $34K
  8. GBPUSD moves up toward key 200 hour MA/50% retracement
  9. AUDUSD stays above cluster of MAs (so far)
  10. U.S. Treassury auctioned off $58 billion of 3 year notes at high yield of 0.325%

Share your thoughts in the comment section!


Edited 09 Jun 2021, 11:45

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