#OPINIONLEADER#
Morning market update 19 10 2021:
NZDUSD breaking out over 0.7073 resistance to start the day off with the DXY easing back below 94.00 as US equity markets continued to move higher over night. So far in the Aussie equity markets we are trading higher but not significantly higher in the lead up to the RBA Meeting Minutes out at 9:30am GMT+8 with the AUDUSD trading above 0.7415 currently, and the DXY lacking a catalyst to get above 94.00. News today has the BoE Gov Bailey Speaking at 20:05 GMT+8 and then at 20:30GMT+8 the US Building Permits (Sep) are released, with the GBPUSD appraoching the 1.37520 resistance level. The EUR pairs will be in focus in today's currency call with several ECB members speaking later today and the EURUSD trading very close to the 1.16290 resistance level as the DXY treads water as it waits on some more news on when tapering will take place.
- 00:08:41
Edited 19 Oct 2021, 11:58
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