Page 56 - Urrencies News Today

The Euro languishes at one-month lows amid broad-based Dollar strength.

US yields yesterday started a catching up move after the rise in Germany on Monday.

The Aussie is under increasing bearish pressure amid the unfavorable risk environment Hawkish Fed rhetoric is prompting investors to reassess Fed easing expectations and boosting the US Dollar.

The Australian Dollar (AUD) plunges for the third consecutive day against the US Dollar (USD) on risk aversion following earlier data in the Asian session on China’s GDP.

Sellers continued to exert control during Wednesday’s session, prompting a retreat of AUD/USD to the low-0.6500s, marking six-week lows.

In Wednesday's session, the AUD/JPY was spotted at 96.97, gaining a subtle 0.10% gain, and it seems buyers remain in control with the daily chart appearing neutral to bullish and bulls proving their strength in the four-hour chart framework.

The US Dollar (USD) reached a notable stride, trading at 103.50 while confidently deflecting the pressures of the 100-day SMA.

The EUR/JPY rose above the Ichimoku Cloud (Kumo), turned bullish on Monday, and gained some 0.63% after hitting a daily low of 158.58.

A review of things you need to know before you sign off on Tuesday; rate watch for cuts, QSBO picks up, job ads tumble, settlement balances rise as do the costs, swaps firm, NZD soft, & more

The NZD/USD skidded back into near-term lows on Monday, falling through the 0.6200 handle as the Kiwi (NZD) sold off against the US Dollar (USD) in a broad-market Greenback bid as markets rebalanced with US markets shuttered in observance of Martin Luther King Day.