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  • General mood is “risk off”
  • RBA hiked cash rate by 50 bps, later, AUDUSD went up during the NY session
  • Sentiment from Euro zone, U.K. PMI and Canadian PMIs all printed higher than expected

What’s Moving

AUDUSD stayed in the range of 0.7190 – 0.7200 during Asian session. With worse than expected prints from Euro zone, both GBPUSD and EURUSD dipped down around 10 pips before U.K opens.

XAUUSD bulls gave up all the gains after U.K. opened and still heading south.

Pay attention to the crude oil inventories later tonight. Currently crude holds at the major psychological level at 120.00 .

Data tonight includes:

  • U.S. Final Wholesale Inventories
  • Crude Oil Inventories


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