Fx Primus Rebates

AUD/USD slides as risk trades weigh

AUD/USD nears 74-cents The Australian dollar is feeling the weight of the poor tone in global equity markets. The US plan to add to Chinese tariffs is hitting stock markets with the S&P 500 down 1.25%. Additional selling hit after the US open and that’s pulled down AUD/USD.

Fx Primus Rebates

S&P 500 slides to lowest since June 5

S&P 500 down 19 points at the open Is it a dip? Or a buying opportunity? The S&P 500 fell below last week’s low with a 19 point drop to 2735 at the open. Note that it’s the final week of the month and the quarter today so that could make for choppy trading.