XE Market Analysis: Europe – Sep 22, 2020

The dollar and yen have remained firm but mostly off Monday’s highs. The Australian dollar has been the only mover of note out of the main currencies we track, falling to new lows after RBA deputy governor Debelle said that the central bank is watching the currency “carefully” and that forex intervention is a policy option, as is negative interest rates (while stressing that this doesn’t mean it’s on the table). AUD-USD hit a low at 0.7193, which is 1 pip shy of the four-week low that was pegged on September 9th, while AUD-JPY posted a fresh seven-week low at…

Source: XE news feed
XE Market Analysis: Europe – Sep 22, 2020