A poor week for both of them is continuing
- Rising US yields
- Hawkish Fed chair
- US/China cold war escalating
- even the TA people would e happy after the 0.73 area held (was it two Friday's ago Giles and I both pointed out the down sloping trend line coming in just above 0.73?)
And more …
The reasons have been out all week, and longer. feel free to add more in the comments. Or contrary views if you'd like.
Regional stock markets having a not good day also.