Bullish Stocks Advance AUD &USD

WikiFX News (23 July) - All three main U.S. stock indices closed in the green yesterday. Bullish sentiments advanced the cycle-sensitive AUD, NZD and CAD.

However, the haven-linked USD and anti-risk JPY were weak. In addition, the petroleum-linked NOK suffered yesterday because crude oil prices did worse.

Across Asia-Pacific markets today, AUD, NZD and CAD are expected to extend their gains at the expense of JPY and USD. Besides, optimism may boost Asia-Pacific stocks as the default risk perceived is low.

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