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Australian Dollar Outlook Bullish After AUD/USD Crossed Key Threshold – DailyFX

The Australian Dollar may extend its gains versus the USD as market optimism continues to punish havens and put a premium on risk-oriented assets.

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Australian Dollar, US Dollar, AUD/USD Analysis, Coronavirus TALKING POINTS
Wall Street equity indices closed higher at the end of Wednesdays trade with the Dow Jones, S&P 500 and Nasdaq indices up 0.62, 0.57 and 0.24 percent, respectively. The benchmark S&P 500 indexs follow-through after breaking above a key inflection point at 3226.00, which it previously retreated from could mark the resumption of the prior uptrend.
The buoyancy in stocks echoed into foreign exchange markets and fu…

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