Investors are still indecisive between the second wave virus fears and smoother recovery hopes, so we have unsure shaky risk-on spots at a generally mixed market background.
Tag - aud - australian dollar
The market sentiment deteriorated as the USA and some other countries are suffering from the new virus resurgence. Investors worry that the economic reopening may be delayed.
The USD lost it's value across the board as the market got risk-on mood back; at the same time, gold climbed to $1,770 paving the way to $1,800.
The US-China trade deal and upcoming PMI are in focus of traders' attention.
While economies restore capacities, the market is now a hostage of second-wave virus fears. How to use such an environment to make profits?
Markets consolidate before making bigger moves. Watch the video to discover the outlook for the major pairs!
The fresh data from New Zealand and Australia will be released tomorrow morning! Follow up!
What are the key technical levels for the main pairs? Check the article to set yourself for this day's trends.
The risky mood is getting back in the Forex market pushing the risky currencies in line with the USD/JPY upwards.
The Australian dollar is taking advantage of the USD's weakness before the FOMC statement.
The Australian dollar is losing grip or just resting before it goes higher? Let's see the charts from a long- and short-term perspective.
The week starts positively, but on a milder note compared to some aggressive gains achieved recently; with the exception of the USD/JPY, the US dollar is generally weak.