Reply To: Traders Market Weekly: Stock and Bond Bear Markets Hover

#36258
Truman
Participant

The RBA went a step further with a 0.25 basis point rise to 0.35% vs 0.15% launch. That helped to send the AUD to the top of the table of the strongest to weakest currencies and helped to take the shine off the greenback for the day.

The USD is the weakest of the major currencies as North American traders enter for the day although the declines are relatively modest vs the JPY, CAD and NZD (less than 0.17% declines).

Most of the declines are vs. the AUD with a near 1% decline of the USD on the day.