EncoreFX’s daily market updates are written by our experienced and professional dealing team.
Author: Dennis Li
The AUD just edges higher this morning, USD gains were limited by a third day of losses on Wall Street. More importantly the AUD recovered some of it losses against the crosses from last week, up against the CAD and Euro after a spat between Italy and the EU over Rome’s budget plans while AUDCNH gained by 0.72% as Beijing’s move to spur more lending failed to ease concern about economic growth.
© Copyright - EncoreFX, 2018.EncoreFX (Australia) Pty Ltd ABN 42 607 244 879 AFSL 479 870 is the issuer of the financial products in Australia. The information on this website has been prepared without taking into account your objectives, financial situation or needs and so before acquiring any financial services or products from EncoreFX, you should consider the appropriateness of the information having regard to your own objectives, financial situation or needs. You should obtain the product disclosure statement (PDS) for the relevant product and consider the PDS before making any decision to acquire the product. The information on this website is not directed at residents of any country other than Australia and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. It is the responsibility of visitors to this website to ascertain the terms of, and comply with, any local law or regulation to which they are subject.