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FOREX DAILY HIGHLIGHTS


HEAT MAP
  • Dollar Downed by Dovish Powell

  • 10-year treasury yield hits 5-day low, pushes USD/JPY below 100-HMA

  • USD/JPY steady in Tokyo following heavy Fed's Powell sell-off

  • PBOC set the yuan reference rate at 6.9353

  • AUD/USD: value of put options (bearish bets) hits four-month low

  • NZD/USD Technical Analysis: Dollar sell-off support for the Kiwi looking limited, drifting back below 0.6850

  • GBP/JPY Technical Analysis: Drifting lower as Yen bidders step up

  • Gold is struggling to move past key resistance despite Powell's dovish tone

  • RBNZ shifts the Yuan into No. 1 spot on its NZD TWI

  • Trump looking to propose automobile tariff as part of protectionist policy

  • Proposal sparked by news of GM’s plan to cut Canada plants and salaries

  • Tariff likely to spark retaliation – AUD/USD, NZD/USD and Euro may suffer

FX MAJOR

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