Boris Bullish on Brexit

British Prime Minister Boris Johnson on Saturday said Brexit was a “massive economic opportunity” but had been treated under his predecessor Theresa May as “an impending adverse weather event”. In a speech in Manchester where he pledged new investment in Leave-voting areas, Johnson promised to step up negotiations on post-Brexit trade deals and set up…

Australian Dollar: USD/AUD (AUD=X) near-term downtrend pauses on rising support ahead of RBA speech

Australian Dollar: USD/AUD (AUD=X) near-term downtrend pauses on rising support ahead of RBA speech The past 24 hours were a choppy session, with varied performance in FX and equities ahead of key economic event risks such as the ECB and US GDP. Markets had to contend with mixed US earnings and data. While the S&P 500 ended the day 0.47%…