Currently 0.7210 in contained range
Offers: 0.7235 0.7250 0.7280 0.7300 0.7325 0.7340-50 0.7375 0.7400 (stop loss orders if breached)
Bids: 0.7200 0.7185 0.7165 0.7150 0.7130 0.7100 0.7085 0.7065 0.7050
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AUDUSD orders 9 Dec
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- Dollar lags even as risk mood keeps more cautious on the day
- Oil prices continue to rise amid the US-Iran stalemate; Iran awaits US blockade removal
- Gold continues to consolidate amid the US-Iran stalemate and the more hawkish Fed
- The echo chamber harps on Iran proposing to reopen Strait of Hormuz before nuclear deal
- ECB to hold the line at this week's meeting - Goldman Sachs
- Market outlook for the week of April 27th - May 1st
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