AUD/JPY trades with modest gain in the initial Asian session. Risk aversion amid growth optimism supports the cross move. Yen remains sidelined on rising
AUD/USD Remains Fragile as China Pressures Speculation in Iron Ore, Copper
2021-05-25 23:00:00
Thomas Westwater,
Analyst
Australian Dollar, AUD/USD, Iron Ore, Copper, Treasuries -Talking Points
Pressure on metal prices weighing down Australian Dollar sentiment
AUD traders will key in on April’s Westpac Leading Index today
AUD/USD may continue to range between key moving averages
Wednesday’s Asia-Pacific Outlook
Asia-Pacific stocks may have trouble extending gains seen on Tuesday after Wall Street moved lower during the New York session. Technology stocks made small gains, but the S&P 500 and Dow Jones Industrial Average (DJIA) closed in the red, losing 0.21% and 0.24%, respectively. Investors were met with several rounds of less-than-stellar economic activity before the opening bell.
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AUD/USD extends sideways grind near mid-0 7700s after US data forexcrunch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forexcrunch.com Daily Mail and Mail on Sunday newspapers.