Dollar new Weekly high is putting pressure on /ES /CL and /AU. If we can close at the current levels (82.76)
83 can very well be in the sights by Friday. Better Trade number statistically better on GDP could put a damper on the QE talk for September but this is just one data point.
AUD/USD is defending 1.0560 pretty well these last couple hours we will see what the NY close brings for further pressure to 1.0540 level or 1.06 my take with dollar PA action today we could see south movement.
AUD/USD is defending 1.0560 pretty well these last couple hours we will see what the NY close brings for further pressure to 1.0540 level or 1.06 my take with dollar PA action today we could see south movement.