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IC Markets Blog
What happened across the Asia session? The Delta variant continues to undermine confidence in the Antipodeans currencies, albeit temporarily. Central banks are still watching the
What happened in the US session? Profit taking activities took place on the USD, a week after posting its biggest weekly rise not seen in
DXY: Looking at the Weekly chart price may bearish towards the weekly support at 91.8 in line with 38.2% Fibonacci retracement and 38.2% Fibonacci extension.
Global Markets: Asian Stock Markets : Nikkei up 1.78%, Shanghai Composite up 1.45%, Hang Seng up 1.07%, ASX up 0.39% Commodities : Gold at $1789.10
What happened across the Asia session? Comments from RBNZ Chief Economist Ha reinforces Governor Orr’s stance that the monetary policy plans are on hold only