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Hi everybody, and welcome to this moody market! the recovery we saw in stocks, and currencies past Monday, has been already erased after RBA rate decision. As expected, they lift rates again, but just 0.25bp, something market had already priced in. With Japan closed for holiday, market was thinner than usual, and majors jumped to the upside, only to come quickly back down, as Australia’s central bank signaled it may pause its monetary tightening next month. Dollar is running higher against major rivals, even above yesterday’s high in most of the crosses, and seems ready to continue. Early U.K. data, Construction PMI worse than expected is adding to the general feeling. I will add quick post with what I can see in majors, for the hours to come, as we are back again approaching to key points. Here is the link for today’s calendar:
http://www.fxstreet.com/fundamental/economic-calendar/
Have a great day!