USD Trading Outlook (22-11-2013)
The AUD has been one of the big losers in the currency markets, alongside the Yen, over the last 24 hours. The Yen was affected by continued soft monetary policy by the BOJ which led to major technical breaks higher in pairs like GBP/JPY and EUR/JPY. The AUD was firstly influenced by weaker-than-expected HSBC china PMI data and then by typical verbal intervention in a speech by Glenn Stevens. Not much on today’s economic calendar so we must look to pre-weekend flows for some volatility.
Back to Currencies Archive
