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Dec 30 - 06:55 AM

AUD/USD - Rises To Its Highest Level Since June 2018

By Rob Howard  —  Dec 30 - 05:55 AM
  • AUD/USD hits 0.7668 after vaulting 0.7663 (Asian session top)

  • 0.7668 is the highest level since June 2018 (0.7677 was high that month)

  • Rise to 0.7668 influenced by UK approving AZ/Oxford COVID-19 vaccine

  • See: nL8N2JA0KE. AUD is seen as a liquid proxy for global risk appetite

  • 0.7624 (Tuesday's high) is now an AUD/USD support point. 0.7604 was Asia low

  • McConnell puts off vote on $2,000 COVID-19 relief checks nL1N2J90H3

AUDUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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