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Feb 14 - 05:55 PM

AUD/USD - Outperformance To Continue On Buoyant Risk Appetite

By Krishna K  —  Feb 14 - 03:36 PM
  • AUD/USD rallies steadily towards 0.7820, 2021 peak on elevated risk appetite

  • Boosted by robust Australian economy, U.S. fiscal stimulus hopesnL1N2KI056

  • Benign U.S CPI, assurances of generous U.S monetary, fiscal support underpin

  • Provide perfect trifecta for sustained AUD rally nL1N2KH03U

  • Copper hits 8-year peak, Dalian, SGX iron ore up over 5% last week, support

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

  • Resistance 0.7770-75, 0.7790-0.7800, 0.7820; support 0.7720, 0.7695-0.7700

  • For more click on FXBUZ


Australia's home building, loans surge Click here

Source:
Refinitiv IFR Research/Market Commentary

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