USD is mixed
The AUDNZD is on the move with a move to the downside today, as the NZD is the weakest and the AUD is the strongest in the Monday morning snapshot at the start of the NA session.
The AUDNZD on the daily chart below, fell below a lower trendline at 1.0520 (close risk now). The pair is also moving from swing high going back to June 2017 at 1.0550 (see chart below). Stay below those levels keeps the downside the bias for the pair.
The USD is mixed this morning with modest changes in most of the major pairs.
The ranges and changes are showing a modest open to the trading week. The major pairs and most crosses are well below the 22 day average ranges. All the US pairs have action above and below the unchanged line after the weekend.
Snapshots of other markets are showing:
- Spot gold is down $1 or -0.8% at $1332.56
- WTI crude oil futures are up $.66 or 1.06% and $62.72
The US stock market is expected to open higher:
- Dow futures imply a 177 point increase
- NASDAQ futures are implying a 55 point rise
- S&P futures imply a 15 point gain
The US debt market is showing higher yields:
- 2 year 2.282%, +1.6 basis points
- 5 year 2.61%, +2.5 basis points
- 10 year 2.80%, +2.4 basis points
- 30 year 3.03%, +1.6 basis points
