Good day one and all, and thanks again to Sean for his excellent coverage
AUDUSD held the 0.9200-10 area I highlighted yesterday and has rallied along with AUDJPY as both core pairs get back off the canvas helped by a buoyant Nikkei and better data. Elsewhere we’ve seen tighter ranges with the jury still finely balanced.
Data out today includes various PMIs plus UK Q1 GDP second reading, then US initial jobless claims and existing home sales, so there should be enough to keep these markets ticking over.
It’s still fragile out there so caution should be exercised but there’s no doubting we’re seeing some good opportunities too, and we wish you a good session
Times GMT+1 (UK)
Economic Data (2) 22 May
Economic Data (3) 22 May