Asia Day Ahead: Weak US Data Cooled Rate Bets; Australia inflation Below Expected

Wall Street took comfort from several downside surprises in US macro data overnight, with the data taming some rate hike bets and saw US Treasury yields decline.

from DailyFX – Market News https://ift.tt/kHgxVYO
via IFTTT

Australian Dollar Falls After CPI Miss; Which Way for AUD/USD, AUD/JPY?

AUD fell after Australia consumer price inflation moderated more than expected last month. What does it mean for AUD/USD’s trend and what are the key levels to watch in AUD/JPY?

from DailyFX – Market News https://ift.tt/k8bUFDd
via IFTTT

Bitcoin Soars on Grayscale’s Legal Victory over SEC. What’s Next for BTC/USD?

Bitcoin staged a vigorous rally after the U.S. Court of Appeals for the DC Circuit delivered a significant setback to the SEC’s attempt to stymie Grayscale’s attempt to launch a cryptocurrency ETF.

from DailyFX – Market News https://ift.tt/oeGyAIs
via IFTTT

USD/JPY Rejected at Channel Resistance, Nasdaq 100 Comes Alive as US Yields Tank

Disappointing U.S. economic data exerted downward pressure on U.S. Treasury yields, triggering a bearish turnaround in USD/JPY while propelling the Nasdaq 100 higher.

from DailyFX – Market News https://ift.tt/FN8oq5B
via IFTTT

USD/ZAR Outlook: ZAR Buoyed by Declining US Sentiment, Job Openings

The dollar retreated towards the end of the London trading session, extending USD/ZAR selling. ZAR remains sensitive to Chinese manufacturing data out on Thursday

from DailyFX – Market News https://ift.tt/ZWiDGyv
via IFTTT