FXMarketAlerts Team
FXMarketAlerts
Published at 12:19 (GMT) 25 Aug
Familiar levels maintained in all the major pairs as we await the cash stocks open in the US. S&P 500 futures are still pointing to a healthy recovery of 60+ points, but the market seems guarded, and perhaps justifiably so despite the latest actions by China. EUR/USD is pivoting on 1.1500, while USD/JPY is a touch under 120.00. AUD/USD continues to stay in touch with .7200, but NZD/USD is a little higher off .6500 levels. USD/CAD tested down to just below 1.3150 a little earlier on, but is within 10-15 ticks of the 1.3200 level once again. Cable made a little more ground above 1.5800 earlier, stretching to 1.5818, which is a modest 16 tick extension of Monday's highs.
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