Technical Analysis

ForexLive Asia-Pacific FX news wrap: USD weaker on the session

rises on US equity markets on Wednesday carried on here in the
timezone today.

equities, as
I post:

the Chinese equity markets, note the post above on further support
promised to the property sector, which helped HK along in particular
(home to the listings of many property developers).

improved sentiment carried over into major FX also, with decent sized
gains for EUR, AUD and others against the US dollar.

and data flow from the session was slow as traders wind down for the
holiday week ahead.

AUD/USD a beneficiary of the China strength and USD weakness:

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