Trump approved sanctions on Iran. Post approval USDCHF chart showed quite important significance on Dollar vs CHF.
However there is a bullish neediness towards breaking of resistance but near by remains resistive at large may be due risk off sentiment markets driving CHF JPY added pressures on USD counterparts (not UJ) .
FED expects to cut rates soon
RBA expects to cut rates
I believe any cut from RBA is priced in . FED cutting vs RBA cutting may be induced to be diverging policy as markets may absorb lower.
G20 Trump - Xi. Truce or not is quite watchable now. Riks off sentiment? May drive JPY being bought?