EUR/AUD Drops As Risk Assets Rebound Strongly

Discussion in 'Technical Analysis' started by Kaitlin, Sep 16, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    Today's disappointing US macro data has triggered a general 'risk-on' response in the financial markets with the dollar falling and stocks rebounding as the probability of an interest rate rise recedes. This has benefited some buck-denominated commodities, like oil, copper and silver, which in turn have helped to underpin commodity[​IMG]

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