By Ewen Chew — Jun 16 - 01:50 AM
AUD/USD falls to 0.6992 after rising as high as 0.7035
Re-enters Bollinger downtrend channel below 0.7008
Bearish cue if confirmed points to test of May low 0.6829
Post-FOMC reactions in FX, stocks, bonds, start to fade
Reality of even higher US interest rates ahead sinks in
S&P futures turn -0.2% from +0.3%, SSEC -0.4% from +0.3%
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Source:
Refinitiv IFR Research/Market Commentary