US recession risk elevated, AUD at multi week lows, CNY is easier again

https://pepperstone.com/en/forex-news/market-review
-CAD & MXN give ground vs USD
-JPY appreciates against the greenback
-The yuan is lower again
-New Zealand PMI bounces back
-Eurozone CPI and Fed speakers on the calendar
-Economists are growing more concerned about the US economy
-Eurozone data has picked up why not the currency?

The overnight changes and price moves to be aware of by Pepperstone’s Market Analyst, Darren Sinden.

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