Tag - aud - australian dollar

Watch the daily video to project the possible trajectory scenarios for the main assets in Forex and commodities in the mid-term!

Will the weakness of the USD let the AUD take advantage of it?

While the winter in Texas keep WTI oil above $60, gold goes down to November lows on high US Treasury yields. Watch the video for technical analysis of the key Forex assets!

 World shares dipped on Friday as investors awaited progress towards more U.S. fiscal stimulus, while the dollar was set for a weekly loss.

US stocks are seen edging higher Thursday, continuing the recent strong rally after Fed chief Jerome Powell reaffirmed that the central bank’s monetary policy will remain supportive for some time yet.

Dollar seems to be losing momentum while many currencies, commodities, and the S&P index are taking over local and all-time highs.

Global equity markets have scaled record highs in recent days on hopes for a faster economic revival led by successful vaccine rollouts and expectations of a large US pandemic relief package.

Asia-Pac stocks traded higher as regional bourses took their cues from the fresh all-time highs on Wall Street.

Asian equity markets traded mostly higher as the region took impetus from global peers including the advances on Wall Street as governments around the world looked poised to boost spending to help economies recover from the coronavirus and vaccine roll-out programmes accelerated.

Asian equity markets advanced after the firm handover from Wall St with the resurgence led by the tech sector.

WTI oil is spearheading the camp of bulls today as it crosses $54; other assets are mostly volatile while the US dollar is pretty strong.

RBA's first meeting in 2021 will grab a lot of trader's attention. What will be the impact on the AUD?