Risk trades skid again, dragging commodity currencies lower – ForexLive

More selling in equities

A strong retail sales report wasn’t enough to boost the mood in markets.

The commodity currencies and GBP are all near the lows of the day. A solid start to US equities has reversed and the S&P 500 is down 12 points to 4347. US 10-year yields are back to flat at 1.307% from 1.349% at the highs.

AUD/USD is down 28 pips and today cut through the July low to the worst levels since December.

More selling in equities

Invest in yourself. See our forex education hub.

Leave a Reply

Your email address will not be published. Required fields are marked *