Australian Dollar

Nordea with the note. I can only agree: The Fed spent most of the June meeting debating a stand repo facility for both domestic and Foreign International Monetary Authorities (FIMAs).

Friday night’s rally on Wall Street caused Asian stocks to rebound yesterday and overall risk sentiment rised in response overnight with European stocks lifting the most, yet Wall Street still put in another new record high.

The forex market calmed down after late last week’s fireworks.

A much better start to the trading week here in Asia following the Friday night flipflop on risk taking on Wall Street, with all major stock markets gaining.

A risk off situation was brewing across stock markets at the end of last trading week but a rally on Wall Street, seemingly without catalyst as seen confidence return across the board.

Forex volatility presented higher again Friday night as Chinese credit profligacy launched a worldwide risk rally.

A risk off situation is brewing across stock markets as bond yields drop back to new lows as sentiment around continued COVID outbreaks weighs heavily.

The Amphetamine Cycle is back for forex.

A resurgence of COVID cases across the region is weighing on Asian stocks despite record highs on Wall Street overnight.

Goldman with the note: 1.

Credit Suisse with the note: AUDUSD has been aggressively capped below the“neckline” to its top at .7598/7617as expected AUDUSD has been aggressively capped below the “neckline” to its major top at .7598/7617as expected, with the recent weekly close below this key band of support reversing us into a medium term bearish view.

Wall Street got out of its grumpy start start to the week with a return to new record highs overnight as the latest FOMC minutes indicated any tapering action is still far far away.

The forex complex continued its recent trends last night boosted by developments from the Fed and OPEC.

Asian stocks are all over the place with local and Chinese mainland rallies overshadowing wider falls across the region after the wishy washy return of Wall Street overnight.

Risk markets turned from relatively quiet to very cautious overnight as US traders returned from their long weekend in a poor mood, with Wall Street slipping.

Forex markets are beginning to show some interesting stress as a developing global slowdown converges with early central bank tightening.

Asian stocks are still not responding in kind to Wall Street’s post-US unemployment rally from Friday night with uneasiness over COVID’s delta variant continuing to weigh.

Risk markets were relatively quiet overnight as the US holiday following the latest non-farm payroll (NFP) unemployment print on Friday kept sentiment neutral and reduced the chances of any volatile response.

Forex markets were largely stable last night with Wall Street closed but under the surface there are some interesting dynamics.

Asian stocks are not responding in kind to Wall Street’s post-US unemployment rally from Friday night with mild selloffs and scratch sessions the order of the day to star the week.

Credit Agricole is refusing to budge on commodity currency carry-trades like the AUD.

A new non-farm payroll (NFP) unemployment print in the US has reset the tone for US stocks at least with a good headline but mixed internal report equating to an unlikely early taper by the Federal Reserve.

Forex markets sold the fact Friday night as Goldilocks US jobs eased fears of both Fed tightening and stagflation.

Its a mixed end to the trading week here in Asia as COVID-19 and other events including the postponed OPEC+ meeting cause some flux in stock market fortunes.