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Puzzle To Solve – Higher Equities Or Higher USD?

We had an interesting shift in dynamics where despite the S&P 500 saw minor price movements, the Aussie sold off quite harshly. The EUR and GBP are also playing with fire here, nearby key daily support levels...

✨My name is Ivan Delgado, Market Insights Commentator at Global Prime and FX Trader. I am on a mission to pass on my decade-long knowledge by providing regular market commentary and educationa that is applicable, actionable and insightful (no-nonsense).

πŸ”΄ We had an interesting shift in dynamics where despite the S&P 500 saw minor price movements, the Aussie sold off quite harshly. The EUR and GBP are also playing with fire here, nearby key daily support levels…

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πŸ’²If you’d like to access the G8 FX Indices I use, feel free to access the following public document (copy/paste the blue box in tradingview) Β or alteatively, you can access the indices charts via Mataf.net