AUD/USD accomplishes and closes below key SMA

There is a downside risk in AUD/USD implied by a rate cross below the 200-period SMA on a 4hr resolution.

Having traded above the key moving average for over 15 trading days at least, the signal should open the gates for move towards the 800-SMA.

Fed rate hike is ‘likely appropriate soon’ - SocGen

Kit Juckes, Research Analyst at Societe Generale, suggests that the Lael Brainard added her notoriously dovish voice to the chorus of Fed Governors sa
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USD/JPY off highs, still firm above 114.00

The upside momentum stays well and sound around the greenback, now pushing USD/JPY back above the 114.00 handle. USD/JPY up move backed by US yields
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