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Feb 15 - 01:55 AM

AUD/USD - Cruises Towards 0.7820 As APAC Stocks Make Merry

By Krishna K  —  Feb 15 - 01:14 AM
  • AUD/USD up 0.45% in Asia on buoyant risk mood; reflation trade powers on

  • Boosted by assurances of generous US monetary, fiscal support nL1N2KI056

  • E-Mini, MSCI AXJ hit record high, copper hits 8-year high lift Aussie

  • Risk barometer AUD/JPY at highest since Dec 2018 as traders embrace risk

  • Commodities rally, imminent vaccine roll out in Australia support

  • RBA minutes of Feb meeting Tue, employment data Thurs, retail sales Fri eyed

  • Resistance 0.7790-0.7800, 0.7820, support 0.7750-55, 0.7720, 0.7695-0.7700

  • For more click on FXBUZ


Source:
Refinitiv IFR Research/Market Commentary

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