By Christopher Romano — Dec 19 - 07:15 AM
AUD/USD extended the Fed-induced drop in Asia, 0.6199 hit, a 26-month low
Buyers emerged, 0.6251 hit in Europe, NY opened near 0.6250, up +0.50%
US yield US2YT=RR slip & better risk sentiment helped AUD/USD rally
AUD/JPY rally toward 98.15, USD/CNH drop toward 7.3060 buoyed AUD/USD
Gold XAU=, equity ESv1 rallies helped weigh down US$ & lift AUD/USD
Daily techs warn shorts; RSI diverged, bull hammer candle formed
Short-term tech signs warn of a correction but monthly techs remain bearish
US Q3 GDP final, weekly claims, Dec. Philly Fed are data risks in NY
Nov. Existing home sales & Dec. KC Fed surveys risks are also due
For more click on FXBUZ
Source:
London Stock Exchange Group | Thomson Reuters