By Krishna K — Dec 29 - 01:02 AM
AUD/USD rallies 0.25% in Asia on buoyant risk sentiment; E-Mini +0.45%
U.S. lawmakers push forward with fiscal aid package nL1N2J80I4
Brexit agreement adds to positive outlook for global growth, lifts risk mood
Strong rally in iron ore prices underpin AUD; Dalian iron ore +116% in 2020
Year-end profit taking likely to cap AUD/USD rallies; pair up 8% this year
Support 0.7555-60, 0.7520-25; resistance 0.7620, 0.7640
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Iron ore's 2020 price performance: Click here
Source:
Refinitiv IFR Research/Market Commentary