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The Philippine Peso and Indonesian Rupiah may climb versus the US Dollar after rates were left unchanged amid an improving outlook. Capital continues flowing into emerging markets.
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The Dow Jones Industrial Average had a V-shaped rebound on Thursday and closed marginally higher. Japan’s Nikkei 225 and Hong Kong’s Hang Seng may rise today.
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The 2019 high (0.7295) remains on the radar for AUD/USD as it retrace the decline following the FOMC Minutes, while the crowding behavior in the US Dollar persists.
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The 2019 high (0.7295) remains on the radar for AUD/USD as it retrace the decline following the FOMC Minutes, while the crowding behavior in the US Dollar persists.
from DailyFX – Market News https://bit.ly/3hhNyYY
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