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AUD Rose as Iron Ore and Oil Exploded But U.S. Indices Remained Unchanged

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 8, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Monday was very quiet with only a smattering low-level data out. The greenback remained under pressure against the majors, especially versus the commodity currencies which enjoy strong sessions following the jump of the iron ore and oil prices. However, the U.S. stocks failed to rise based on the oil increase. U.S. Labour Conditions at a Record Low Level The U.S. dollar inched lower against its major counterparts following Friday’s NFP report that revealed the contraction of the wages and the

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