AUD consolidated in a 0.7950 to 0.8000 range |
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News and views The US holiday on Friday made for a quiet London session, currencies trading in narrow ranges. The overall tone remained mildly bearish risk, Eurostoxx futures sitting just above recent lows. Brent crude oil fell 1%, and made a post-23 June low. London copper futures also registered a loss, of 1.1%. The US dollar was only 0.4% firmer over the Friday session, with little news to provide direction. India joined the body of opinion on dollar valuation and its place in reserves, and
Filed under: Fundamental
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