Morning market update 11 10 2021:
Quieter day for economic news today to allow some more time for the markets to digest the NFP result as the Aussie markets just open up with a risk off sentiment currently. For Tuesday the GBP has employment data out from 14:00 GMT+8 offering a catalyst with long or short depending how the results come out as price trades around the 1.3588 support zone. As I write this the AUDUSD is trading below 0.7300 and the NZDUSD is above 0.6900 with the DXY is holding above 94.00. Both AUDUSD & NZDUSD are in focus for today’s currency call with tomorrow morning having the NAB Business Confidence and HIA Home Sales (MoM) for AUD and the NZD has Electronic Card Retail Sales (MoM) (Sep).
USD Index 11 10 2021:
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