The US dollar is making good progress against most of its peers fueled by slides in the AUDUSD as RBA's Lowe opened up for rate cuts in June. EURUSD has as consequence traded near its 2019 low, and a break to the 1.1110 might trigger an accelerated downtrend in the world's biggest currency pair.
We also cover the latest developments in the China A50 and discuss how the Chinese might counter tariff hikes by causing their currency to slide, and explain how this might affect the EURUSD.
Watch today's video to learn more about the key levels that traders are watching, and interact with Alejandro Zambrano via twitter at
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