Aussie Dollar Slide May Resume on PMI Contraction, Extended Lockdowns

Aussie Dollar Slide May Resume on PMI Contraction, Extended Lockdowns https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/asia_am_briefing/2021/07/22/Aussie-Dollar-Slide-May-Resume-on-PMI-Contraction-Extended-Lockdowns.html The Australian Dollar’s fundamental outlook darkened on Friday after the country’s services sector slipped into contraction in July.

About Post Author

fonecablecom

marketing@fonecable.com

Happy

0 %

Sad

0 %

Excited

0 %

Sleepy

0 %

Angry

0 %

Surprise

0 %

24S Worldwide (APAC/EU/US)24S | GET UP TO 300£/$/€ OFF ON YOUR BACK-TO-OFFICE LOOK | **CODE: SHOP100 / SHOP200 / SHOP300**

easypM6CaP — Free Currency Card in the UK; Free Currency Accounts; UK Residence Only

ADVERTISEMENT

HN4WOMAN — Sponsored by **Harvey Nichols** Founded in 1831, a British luxury department store.

ADVERTISEMENT

DailyFX - Market News FX

Gold Price Forecast: XAU/USD around $4,660, bears sharpening their claws 6 April 2026

Spot Gold consolidates at around $4,660 on Monday, little changed on a daily basis, yet lower compared to Friday’s close. Financial markets are all about sentiment at the beginning of the week, with the mood swinging at the rhythm of Iran war headlines.

US Dollar Index recovers to 100 as Iran rejects ceasefire, inflation-heavy week looms 6 April 2026

The US Dollar Index (DXY) struggled to crimp downside momentum near the 100.00 handle on Monday after a volatile day that saw the index slide from overnight highs near 100.30 down to a session low near 99.75 before staging a late recovery.

Pound Sterling Price News and Forecast: GBP/USD climbs above 1.3240 as Iran hopes dent US Dollar 6 April 2026

The British Pound advanced by over 0.40% on Monday as US President Donald Trump extended Iran’s ultimatum until April 7, while rumours of a possible de-escalation weighed on the American Dollar. The GBP/USD trades around the 1.3240 figure at the time of writing. Read More...

How the MACD predicted the Nasdaq reversal in 2025 and why the same signal is appearing now [Video] 6 April 2026

In April 2025, the MACD on the daily Nasdaq chart gave us one of the cleanest signals of the year. The market had been falling aggressively, sentiment was overwhelmingly bearish, and most traders were either short or sitting on their hands.

GBP/USD climbs above 1.3240 as Iran hopes dent US Dollar 6 April 2026

The British Pound (GBP) advances by over 0.40% on Monday as US President Donald Trump said the Tuesday deadline he has set for Iran to make a deal is final, while rumors of a possible de-escalation weighed on the US Dollar (USD). GBP/USD trades around the 1.3240 figure at the time of writing.

USD/CAD edges lower as shifting US-Iran headlines keep markets cautious 6 April 2026

The Canadian Dollar (CAD) gains traction against the US Dollar (USD) on Monday as traders react to evolving geopolitical developments in the US-Iran war. At the time of writing, USD/CAD is trading around 1.3921, hovering near four-month highs.

US President Trump: Hopefully it will be over with quickly 6 April 2026

Donald Trump, United States (US) President, said that he is very upset that guns were supposed to go to protesters, but were kept by a certain group. He added that they’re going to pay a big price for that at a speech in Washington on Monday.

EUR/USD gains as ceasefire hopes undermine US Dollar 6 April 2026

The EUR/USD pair is trading near the 1.1570 price zone on Monday as the US Dollar (USD) loses momentum amid relative easing concerns about the Iran war.

APAC FX: Intervention and vulnerability to USD – BNY 6 April 2026

BNY’s Bob Savage focuses on rising FX intervention and fragile sentiment in Asia-Pacific (APAC) as higher Oil and geopolitical risks pressure regional currencies.

Gold consolidates gains as US-Iran ceasefire talks weigh on the US Dollar 6 April 2026

Gold (XAU/USD) consolidates modest gains on Monday as the US Dollar (USD) softens amid improving market sentiment, with traders reacting to fresh diplomatic developments aimed at ending the US-Iran war.

USD/JPY eases as US-Iran ceasefire talks weigh on US Dollar, ISM PMI softens 6 April 2026

USD/JPY trades with a slightly softer tone on Monday as the Japanese Yen (JPY) finds modest support amid a broadly weaker US Dollar (USD), with traders assessing fresh geopolitical developments, including reports of potential ceasefire talks between the United States and Iran.

BYND stock is just above its all-time low 6 April 2026

Beyond Meat (BYND), the plant-based food company behind meatless burgers, sausages, and other protein alternatives, is trading right at a level I can't ignore.

CAD: Jobs data and geopolitics steer rates – TD Securities 6 April 2026

TD Securities strategists Robert Both and Emma Lawrence highlight that Canadian rates are opening weaker, with yields tracking US moves and geopolitical tensions. They expect CAD employment to show only a modest rebound and see imported volatility dominating.

Breaking: US ISM Services PMI came in at 54 in March, below forecasts 6 April 2026

Fresh data from the Institute for Supply Management (ISM) showed on Monday the Services PMI easing a tad to 54 in March from 56.1, coming in short of expectations at 55 and signalling some loss of momentum in the sector.

United States ISM Services Prices Paid: 70.7 (March) vs 63 6 April 2026

United States ISM Services Prices Paid: 70.7 (March) vs 63

United States ISM Services New Orders Index rose from previous 58.6 to 60.6 in March 6 April 2026

United States ISM Services New Orders Index rose from previous 58.6 to 60.6 in March

United States ISM Services PMI below forecasts (55) in March: Actual (54) 6 April 2026

United States ISM Services PMI below forecasts (55) in March: Actual (54)

United States ISM Services Employment Index: 45.2 (March) vs previous 51.8 6 April 2026

United States ISM Services Employment Index: 45.2 (March) vs previous 51.8

Brent: Conflict keeps risk premium elevated – OCBC 6 April 2026

OCBC strategists Sim Moh Siong and Christopher Wong argue that market hopes for de-escalation in the US–Iran conflict look premature for Brent.

Asian FX: Energy shock risks weigh on regional currencies – MUFG 6 April 2026

MUFG’s Senior Currency Analyst Lloyd Chan highlights that Asia is highly exposed to potential energy flow disruptions through the Strait of Hormuz. An extended energy shock would raise inflation, worsen current accounts and hurt growth, leaving KRW, PHP and THB vulnerable.

Breaking News

A border inside the UK brings Northern Ireland closer to the republic December 31, 2020 at 05:09PM

A beloved Canadian soy sauce runs out December 31, 2020 at 05:09PM

Britain’s relationship with the EU will look like Switzerland’s December 31, 2020 at 05:09PM

What to expect in 2021 according to prediction markets December 31, 2020 at 05:09PM

Russia menaces Alexei Navalny after he exposed its agents’ ineptitude December 31, 2020 at 05:09PM

The next big thing in retail comes with Chinese characteristics December 31, 2020 at 05:09PM

Jobless Cambodians are catching rats to feed Vietnamese city dwellers December 31, 2020 at 05:09PM

Why Chinese tipplers like Chilean wine December 31, 2020 at 05:09PM

Pakistan has fenced itself off from Afghanistan December 31, 2020 at 05:09PM

Congress injects a further $900bn of stimulus into the American economy December 31, 2020 at 05:09PM

Aussie Dollar Slide May Resume on PMI Contraction, Extended Lockdowns

About Post Author

fonecablecom

ADVERTISEMENT

24S Worldwide (APAC/EU/US)24S | GET UP TO 300£/$/€ OFF ON YOUR BACK-TO-OFFICE LOOK | CODE: SHOP100 / SHOP200 / SHOP300

ADVERTISEMENT

Free Currency Card in the UK; Free Currency Accounts; UK Residence Only

ADVERTISEMENT

Related Listening

December Reports

November Reports

October Reports

September Reports

August Reports

July Reports

ADVERTISEMENT

Sponsored by Harvey Nichols Founded in 1831, a British luxury department store.

ADVERTISEMENT

What is Earnings Season & What to Look for in Earnings Reports?

US Dollar Outlook: USD/JPY Mired by Yields, Flash PMIs Due

Featured widget

Crude Oil Over Crypto

Breaking News

ADVERTISEMENT

ADVERTISEMENT

Related Listening

December Reports

November Reports

October Reports

September Reports

August Reports

July Reports

ADVERTISEMENT

Related Post

Featured widget