By Christopher Romano — Jun 23 - 07:25 AM
Australia June PMI drops nZRN004KD8, downside surprise EZ PMI nZRN004KE5
Investors concerned global growth is slowing as central bank hike rates
Copper HGv1, iron-oreDCIOc2 drops extend as growth fears persist
EM ccys & A$ fall; AUD/USD fell to 0.68695 in Europe, NY opens near 0.6895
Deeper fall likely prevented by stock ESv1 gains, USD/CNH fall near 6.7000
Techs lean bearish; RSIs are falling, 10-DMA exerting bearish influences
May monthly low vulnerable, stops likely below, if triggered 0.6800 eyed
50% Fibo of the 0.5510-0.8007 rally at 0.6759 is targeted thereafter
US weekly, continuing claims data, Fed's Powell testimony are risks in NY
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary