AUDUSD Doesn't Hold Reversal Despite Data, Will Fed Bank Test Charge Nasdaq?

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Market conditions continue to win out. Despite impressive technical standings like the Nasdaq 100’s position at record highs and high-profile event risk such as this past session’s June PMIs, risk appetite refused to seriously budge. It may be that the fundamental run was a mixed bag or perhaps that it simply didn’t tap into a critical theme for observant market participants, but I believe factors like liquidity and volatility continue to ride above the draw of technical developments and the short-term pressure of scheduled event risk. It is at ...