FX markets extremely subdued amid light news flow

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 26, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    AUD kicked off the day with the most notable move of this Thanksgiving holiday, with the currency seeing a bout of softness after Australian Capex widely missed expectations (Private Capital Expenditure Q/Q -9.2% vs. Exp. - 2.9%), seeing AUD/NZD break below 1.1000. Apart from price action in AUD, FX markets have been extremely subdued today amid light news flow with many in the US away from their desks. In terms of moves seen, USD index spent the European session in modest positive territory to

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