This pair continues its downward path on weak data raising the odds of a rate cut by RBA. currently 1.0256 after 1.0247 lows. Strong bids at 1.0200-20 still
Sellers 1.0280,1.0300,1.0350,1.0385,1.0400
Buyers 1.0220,1.0200,1.0185,1.0150,1.0120
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
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- One headline is all it takes..
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