261
Trader, analyst and instructor with a 6-year experience

Aug. 21: Asian session

FXBAZOOKA.com - US dollar is strong versus its peers as after the release of the FOMC meeting minutes traders increased bets the Fed will raise interest rates next year. Asian shares outside Japan fell for the first time in 9 days on lower Chinese data – MSCI Asia Pacific excluding Japan Index slid 0.7%.

USD/JPY rose to the levels just below 104.00. EUR/USD is trading in the $1.3240 area. GBP/USD slid to $1.6563.

Weaker-than-expected Chinese manufacturing PMI (50.3 vs. 51.5 expected) impacted the commodity currencies. The index came at its lowest level since April 2013. AUD/USD dipped to the $0.9235 support, testing the August lows. NZD/USD extends the decline, testing $0.8345 in Asia. XAU/USD fell to the 200-day MA ($1285).

Scroll to top