Tuesday (11th) New York foreign exchange markets, expectations that China's tightening monetary policy, at the same time commodities such as crude oil prices fell sharply, commodity currency Australian dollar under pressure substantially down.
published by the National Bureau of statistics, China's April consumer price index (CPI) rose 5.3%, continue to maintain a high State. Market on expectations of continued tightening of monetary policy in China.
Meanwhile, commodities such as crude oil prices fell sharply, the New York Mercantile Exchange-NYMEX crude oil futures contract June plate refreshed Daily low $ 97.5/barrel, dragged down commodity currencies.
Tuesday New York time, modest rise early, midday fell sharply in late fall.
from a technical point of view, 30 min MACD gold fork at the bottom, but since the turn of equal-string head down short order, multi-day moving average above suppression, hardly bounced back for a short time. Resistance 1.0776,1.0862; support 1.0660,1.0647
