A couple of EURUSD charts to go with the XJO charts from last night. At a Macro level, the USD is rising. This means that money will flow back to the US causing it to rise further, which in turn means that it will be less attractive for US investors to leave money in Australian equities, which in turn reduces the probability of a sustainable rally on the XJO today
tuesday trading, page-99
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Last
8,103.2 |
Change
-6.700(0.08%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,109.9 | 8,110.2 | 8,073.7 |
| XJO (ASX) Chart |