Business
AUD/USD Forecast: Bullish case supported by firmer gold – FXStreet
The Aussie benefited from risk appetite on Friday, with AUD/USD ending a second consecutive week with gains at 0.7240. Hopes for a US coronavirus sti
- Australian housing data beat expectations in August, providing support to AUD/USD.
- The market sold-off the greenback on renewed hopes for a US coronavirus aid package.
- AUD/USD is trading at fresh 2-week highs and technically bullish.
The Aussie benefited from risk appetite on Friday, with AUD/USD ending a second consecutive week with gains at 0.7240. Hopes for a US coronavirus stimulus package boosted equities, which in turn, underpinned the commodity-linked cu…
Continue Reading