Forex News: AUD/USD latest surge overnight on continued concerns about U.S. economy and financial markets, Easy Forex currency dealer Francisco Solar says. Expects pair to meet initial resistance at 0.9736 with 0.9750 providing secondary cap. Support likely around 0.9662. Commodities prices also rising with gold heading towards US$1,000 an ounce. Notes risk aversion seems contained to U.S. assets at this stage. "There hasn't been that flight out of risky, high-yielding assets that we normally associate with these times - it seems to be pretty much a broad U.S. selloff." Pair last quoted 0.9720 from 0.9686 late Sydney yesterday
0 comments:
Post a Comment