By Scott Andrews
Morning market update 20 07 2021:
DXY strength was seen in last night’s session with a test of 93.00 after risk off sentiment comes into equity markets with a pull back across the board for stocks. Today there is the RBA minutes released released at 09:30 GMT+8 and with the AUDUSD trading below 0.7376 and with a low of 0.7321 it will be looking like a neutral event for price movement. Tonight there is Building Permits (June) for the US coming out at 20:30 with 1.70 million expected and 1.683 the previous month, I will be waiting for the US equity market to open to give an insight into risk sentiment and if the pull back is a bit more sustained.
US index 20 07 2021
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