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Australian Dollar Outlook: AUD/USD May Rise, Overbought Conditions Eyed – DailyFX
Sentiment continued to lift across markets, pushing AUD/USD to fresh multi-year highs in the New York trading session. Meanwhile, the US Dollar’s downward spiral…
Vaccine Optimism, Australian Dollar, AUD/USD Talking Points
- AUD/USD pushes higher as vaccine news underpins traders sentiment
- US Dollar struggles further as the vaccine-driven 2021 outlook strengthens
- Lack of economic data prints leave sentiment and technicals to drive price
U.S. markets continued to enjoy a risk-on tilt Thursday as vaccine hopes boost economic prospects for 2021. The Dow Jones Industrial Average rose 0.29%, and the tech-heavy Nasdaq 100 managed to pull off a slight 0.09% gain. However,…
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