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Australian Dollar Outlook: Uptrend Resuming as Global Recovery Bets Follow? – DailyFX
The Australian Dollar resumed its uptrend as traders betted on a gradual economic recovery from the coronavirus. Will Fed Chair Jerome Powell be asked about rising…
Australian Dollar Fundamental Forecast: Bullish
- Australian Dollar resumes dominant uptrend against US Dollar
- Rising longer-term Treasury yields may slow the Aussie’s push
- Fed Chair Jerome Powell may be asked on bond developments
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The growth-linked Australian Dollar extended gains this past week, with its most notable advance having occurred on Friday. AUD/USD’s gain tracked improving market sentiment as S&P 500 futures climbed…
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