Forex Today: Dollar drops with yields in Fed’s aftermath, Evergrande risks loom, BOE to hint at taper?
Here is what you need to know on Thursday, September 23: The risk tone appears
AUD/USD bulls pressured back to the start again
AUD/USD is trapped between support and resistance following Fed volatility. Evergrande risks have started to
EUR/USD: Off five-week low to regain 1.1700 ahead of Eurozone, US PMI
EUR/USD licks the Fed-led wounds, refreshes intraday top. Upbeat sentiment weighs on USD as Japan’s
USD/JPY: Three reasons why the yen could start to recover – MUFG
USD/JPY has traded in a relatively narrow trading range between 109.00 and 111.00. Economists at
Evergrande to default on Thursday, turmoil to get worse before it gets better – Danske Bank
Evergrande needs to pay interest payments on Thursday including a coupon worth USD83.5 M. Economists
USD/CNH keeps the consolidative theme unchanged – UOB
USD/CNH poised to extend the consolidation range within the 6.4240-6.4800 range in the next weeks.
AUD/USD remains indecisive around 0.7350 as market optimism fades
AUD/USD steps back from intraday high but seesaws around 50-DMA for the fourth day. Uptick
Coronavirus holding back risk appatite in APAC
In coronavirus, there are fresh updates for Australia, New Zealand and China For Australia, the
China Industry Minister: There are ‘too many’ auto companies now, consolidation needed
Early Monday, Reuters quotes Xiao Yaqing, Minister of China's Ministry of Industry and Information Technology
USD/CNH: No changes to the mixed outlook – UOB
USD/CNH is still seen trading within the 6.4300/6.4800 range for the time being, suggested FX