FX Handover: Aussie and Kiwi King, Gold Gains Ground Again
Matt Weller, CFA, CMT June 24, 2019 9:09 PM
See a summary of the top FX themes and trends from today's US session!
- The Aussie and kiwi led the way among the major currencies, with the US dollar, pound, and yen all bringing up the rear together.
- Weak US manufacturing data continue to pile up, with today’s Dallas Fed Manufacturing survey falling to -12.1, well below the estimated -2.0 reading.
- Gold extended its rally to five straight days, tacking on another 1% to close at a nearly 6-year high at $1415.
- Friday’s G20 meeting in Osaka will be a major event for markets – see our full preview here.
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