Month: May 2020

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Technicals and fundamentals point to May as a bearish month The Australian dollar started the week weak on the changing risk tone that we have seen come into the market from last week. The escalation of the US-China trade war rhetoric from the US and finger pointing at Wuhan for the alleged release of the
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Daily thread to exchange ideas and to share your thoughts The dollar and yen are leading gains across the board as risk is postured more defensively to kick start the new week. Japanese markets are closed and will only be back on Thursday, but Asian stocks are also under pressure with the Hang Seng down 3.8%. Meanwhile,