AUD/USD: The Aussie hinges on COVID-19 dynamics – ANZ

Market news

9 April 2020

AUD/USD: The Aussie hinges on COVID-19 dynamics – ANZ

FXStreet reports that analysts at ANZ Bank take a look at the AUD/USD outlook for the next week.

“Shifting risk dynamics around COVID-19 have put downside pressure on the AUD, which is closely linked to activity in Asia via tourism and the export of raw materials.”

“The near-term prospects for the AUD are therefore likely to hinge on transmission rates and the scale of the activity slowdown.”

“Spot: 0.62 ANZ Fair value: 0.64”.

U.S.: The horror version – Rabobank

Austrian finance minister: We cannot accept a mutualization of debt in Europe

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.