15 Dec 2015
AUD/USD: focused on FOMC - ANZ
FXStreet (Guatemala) - Analysts at ANZ explained that the markets remain nervous.
Key Quotes:
"Equity markets were weak, although the US managed to reverse losses.
WTI oil briefly broke USD35/bbl (but rallied back strongly) and despite all this, the AUD/USD went one way – higher – against normal risk correlations. Today, the MYEFO will be released, however, for the AUD the focus is sharpening on the Fed decision later this week."
Key Quotes:
"Equity markets were weak, although the US managed to reverse losses.
WTI oil briefly broke USD35/bbl (but rallied back strongly) and despite all this, the AUD/USD went one way – higher – against normal risk correlations. Today, the MYEFO will be released, however, for the AUD the focus is sharpening on the Fed decision later this week."