FX Handover Aussie and Kiwi King Gold Gains Ground Again

Matt Weller
By :  ,  Head of Market Research

  • 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.

Related tags: Forex

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