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Australian Dollar May Wilt with Dow Jones, S&P 500 Looking Wobbly – DailyFX
The Australian Dollar may fall as rising US coronavirus cases may result in lockdowns being reinstated. The S&P 500 and Dow Jones also look wobbly with earnings season in full swing.
Australian Dollar Fundamental Forecast: Bearish
- Australian Dollar may fall as focus turns to external risks
- Traders may look past RBA minutes, Philip Lowe speech
- All eyes on rising US coronavirus cases, earnings season
The growth-linked Australian Dollar heads into next week anchored to how fundamental developments impact equities such as the Dow Jones and S&P 500. There will be a couple of domestic news flow to keep an eye on, such as the Reserve Bank of Au…
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