EUR/USD continues on with its rally this week but dampened by an incoming correction on Friday. Yen crosses like GBP/JPY, EUR/JPY, USD/JPY continued to show weakness in this week. The strong one for this week was the Aussie where AUD/USD and AUD/JPY showed massive strength as the rate cut for Aussie was already priced in and it continued to spur this correction rally. AUD/USD might show weakness next week for those who are on the short side.
US Stocks
Dow Jones Index seemed to drop off from its high.
Commodities
Gold seems to be moving back up. Watch for the move!
No comments:
Post a Comment