Most of the currency pairs are in a consolidation, oil is waiting for the OPEC+ deal.
Tag - aud - australian dollar
Middle of the week, no big news, USD slightly up, GBP prone to weakness as the British PM still in ICU
AUD looks stronger, RBA keeps the rate steady. How positive is the picture?
The virus situation keeps improving slowly but steadily; nevertheless, investors are still concerned with the larger scope of economic consequences: USD slides down, JPY weak, gold rises.
RBA Rate Statement is released on Tuesday at 07:30 MT time.
The week starts with weaker JPY and GBP, USD stays strong, gold rises to $1,620, and oil hopes for OPEC+ supply cut resolution.
The country has come through the worst and is recovering now.
After hitting a multiyear low just above 0.5500 on March 19, AUD/USD has formed a higher low in the 0.5720 area.
US Democrats and Republicans failed to agree about the $1-trillion stimulus package. Will this hurt the USD?
Main currency pairs and assets got into consolation or correction this Friday.
What are the most spectacular performances in 2020 in Forex and stock markets Read the article and find out.
The RBA cut the rate, pulling the Australian dollar even lower. GBP/USD is also facing fresh lows.