Sellers layered higher from 1.3535 through to 1.3580 and then at 1.3600, minor stops above 1.3540 Buyers 1.3480/90 and 60/70
Recent Articles by Eamonn Sheridan
Headlines on Bloomberg: HSBC raises in China 2014 GDP estimate to 7.5% from 7.4% Q3 estimate raised to 7.4% from 7.3% – Earlier headline: Shanghai Securities News: China growth may stabilze at 6% as investment cools
Headlines on Bloomberg: Shanghai Securities News: China growth may stabilize at 6% as investment cools China should strengthen economic reform in H2 – Lower China growth would be a negative input for AUD
AUD/USD Sellers 0.9450 and 0.9490 Sellers very close to market now around 0.9400 and through to .9415, mingled with some stops above 10 Buyers 0.9340 through 0.9300 – NZD/USD Sellers 0.8750/60 Sellers 0.8710/25 Buyers 0.8600/20 and 0.8640/50
A low priority data point for the FX market overall, but it does get some attention recently in terms of its impact on the housing market/prices. NZD not doing much on it.
John Kerry, US Secretary of State. reported over Reuters Also – he is to travel to Cairo to try to help negotiate an Israel, Hamas ceasefire. – Added, more here from CNN article