Fed Lifts Stocks, US Dollar. AUD/USD, ASX 200 Prices May Climb

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Asia Pacific Market Open – Swiss Franc, Jerome Powell, Fed, S&P 500, AUD/USD

  • Swiss Franc was worst performing major, undermined by dovish ECB minutes & stocks rising
  • Fed Chair Jerome Powell lifted S&P 500 after lack of clear outcome on US China trade talks
  • Asia Pacific markets may follow US stocks higher. AUD/USD, ASX 200 add to bullish reversal

We recently released our Q1 forecasts for currencies like the US Dollar in the DailyFX Trading Guides page

The anti-risk Swiss Franc was overwhelmingly the worst performing major on Thursday, weakening thanks to the improvement in market mood and dovish ECB

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