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Editors’ Picks
AUD/USD stays strongly bid near 0.6600 on USD slump
AUD/USD holds sizeable gains near 0.6600 in the Asian session on Monday. The uncertainty over the US presidential election weighs heavily on the US Dollar, as the Democratic nominee Kamala Harris is seen leading the race. Aussie buyers, however, stay cautious, bracing for a pivotal week.
USD/JPY tumbles with USD, surrenders 152.00
USD/JPY remains heavy below 152.00 in Asian trading on Monday, as the US Dollar sees a steep sell-off on the rising odds of Kamala Harris winning the US presidential election due on Tuesday. The policy continuity is seen as USD-negative, dragging the pair alongside.
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