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BetOnMarkets Daily Market Report (20th September)


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Market Report: Aussie Dollar leading the way

Market Report: 07.30 London

  • A quiet day on the economic news front made even quieter with Japanese traders away from their desks due to the public holiday.
  • The one meaningful news item today has caused a spark of action though. The bullish comments from Royal Bank of Australia governor Stevens has seen the Australian dollar top the performance charts today.
  • The AUD/USD is up 1.00% with the AUD/JPY up by 0.75%.

 



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  • With little by the way of scheduled economic announcements, forex markets could be more rangebound than usual, especially the Swiss franc and Japanese yen after last week's monster moves.




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Summary:



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