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AUD/USD Drops as Vaccine-Induced Worries Plague Economic Reopening Hopes – DailyFX

The Australian Dollar fell as concerns over the AstraZeneca vaccine raised by US regulators injected a sense of fear through markets on Tuesday. Meanwhile, Australian…

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Australian Dollar, AUD/USD, Vaccines, AstraZeneca – Talking Points

  • AstraZeneca road bump injects fear into markets as Europe’s vaccine rollout is further slowed
  • Asia-Pacific markets are likely to move lower as the global economic recovery is put in jeopardy
  • The risk-sensitive AUD/USD is in danger of taking out monthly lows and continuing lower

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Concern over the global economic recovery ramped up on Tuesday, causing a risk-off move to vibrate through markets…

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