Friday, 1 October 2021

Dip buyers at the wheel today

US futures turn positive after a rough start earlier in the day

At one point, US futures were down roughly 0.8% to 0.9% but dip buyers have stepped in over the past few hours to turn that all around now.

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In turn, this is pinning the dollar lower on the day with EUR/USD approaching 1.1600 while AUD/USD has extended to a fresh session high of 0.7257. Even USD/CAD, which has traded higher for most of the session, is now down nearly 0.2% to 1.2658.




October 01, 2021 at 11:41PM
Justin Low
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