Post
Verified Person
· View 161
#OPINIONLEADER# Morning market update: A pull back in the US dollar and also equities last night with a shift to a risk off mood which has kept the AUDUSD bulls subdued. This morning at 09:30 GMT+8 we have CPI data out of China and PPI this could see some volatility in the AUDUSD and I will leave the initial stop loss in place at 0.7460 in place. UK GDP is out today at 14:00 with the GBPUSD holding above support this could be a catalyst to see a move higher. There was a miss on the initial jobless claims at 373k with 350k forecast and the next news for the US is the Fed Monetary report coming out at 23:00. Given the significant run higher in equities risk off sentiment is on which will be a point to watch today as the Australian market opens shortly. 
  • 00:05:04

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.

If you like, reward to support.
avatar

Hot

nice information from you. as always
cool analysis
cool analytics. i really appreciate it as always
nice update as always. keep it up sir. such many information i receive
Verified Person
FxScotty
Author
Thanks very much :)

-THE END-

login