On Friday the dollar fell broadly in the wake of cautious comments from two U.S. Federal Reserve officials about global economic growth, while sterling rose following losses tied to fears about a Brexit deal.
HAVE QUERY—09999974733 SELLER BE ALERT
On a number of currency pairs, the dollar’s technical condition warns of risk of a near-term setback. US 10-year yields and Treasuries are also stretched and a near-term reversal is possible. Interesting play given these conditions may be to buy into losses in Aussie that could result from the reopening of Chinese markets after the week holiday.