Connect with us

Business

AUD/USD Eyes Key Ceiling as US Dollar Slides Deeper into 2-Year Low – DailyFX

AUD/USD is flirting with key resistance and is in part being aided by strong risk appetite and relentless selling pressure in the US Dollar.

Published

on

post featured image
ADVERTISEMENT

AUD/USD, Australian Dollar, US Dollar, Stock Markets TALKING POINTS

  • US Dollar selling pressure persisting despite a rising number of geopolitical risks
  • Stocks rose after housing data showed remarkably better-than-expected statistics
  • AUD/USD near multi-month swing-high as RSI divergence shows worrying signs

Wall Street equity markets mostly closed higher, with the S&P 500 and Nasdaq indexes up 0.23 and 0.73 percent, respectively. The latter closed at another …

Click here to view the original article.

Continue Reading
Advertisement
Advertisement

Trending