The Australian Dollar initially dipped lower before rallying as the US Dollar paused in its recent run-up while Chinese data showed a fragile economy needing stimulus. Higher AUD/USD?
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The Australian Dollar initially dipped lower before rallying as the US Dollar paused in its recent run-up while Chinese data showed a fragile economy needing stimulus. Higher AUD/USD?
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Wall Street managed to start the week higher, tapping on some recovery in big tech and semiconductors to override earlier jitters around China’s property and financial sector risks.
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The gold price slide continues today as markets assess the consequences of a rising US Dollar and Treasury yields. China’s outlook is under the microscope and could impact XAU/USD.
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The Japanese Yen has weakened on a combination of domestic and global factors, to the point where the BoJ has intervened in the past
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US stocks edge higher despite a number of headwinds: higher 10-year yields, US dollar and news of Tesla’s discounted offering in China seeing the stock gap lower
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