AUD/USD trims early-...from Johnson George - FOLLOWME Trading Community

08 Oct 2020, 10:41 · Views 377

AUD/USD trims early-Asian losses above 0.7100 as risk tone improves 1) AUD/USD bounces off intraday low of 0.7122 to reverse the early losses. 2) Risk tone prints mildly positive signs as US VP Debate suggest further stimulus in any case, Trump played his role early in Asia. 3) China returns to trading with welcome gift from Japan, stimulus, vaccine news will be the key to watch.

Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.

FOLLOWME Trading Community Website: https://www.followme.com

Hot

Kimlove

09 Oct 2020

Positive upbeat data from Australia all failed to give a boost for the AU pair🙄 1) Australia's Financial Stability Review which reported that Australia's business and households are in a strong financial position and financial system has stabilized 2) Australia's owner occupied home values - increased 13.6% m/o/m in August against 10.7% in July 3) Investment lending for homes - increased 9.3% in August vs 3.5% in July

-THE END-

Hot

Content related