By Christopher Romano — Sep 30 - 07:05 AM
Adds risks due to remarks from Fed speakers
AUD/USD rallied 0.6898-0.69415 overnight, NY opened near 0.6915, up +0.21%
Fresh 19-month high traded with help China equity & commodity gains
China's CSI 300 .SSEC gained +8.06%, iron-ore DCIOc2 traded up +10.81%
AUD/USD dip aided by US yield US2YT=RR, USD/CNH gains & stock ESv1 drop
Daily RSI not confirming new high, daily doji formed; may worry longs
Monthly bull hammer, RSI & hold above slew of DMAs gives longs comfort
Fed Chair Jerome Powell speaks on econ outlook in NY's afternoon
Fed's Bowman speaks on econ outlook & monetary policy in NY's morning
Sept. Dallas Fed mfg business index, Chicago PMI are data risks in NY
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary