Posts published in September 2020

AUD/USD Touched 0.7010. Are the Bears Done?

The Australian versus the US dollar currency pair seems to be in bearish hands. Are the bulls anywhere near? Long-term perspective The appreciation from the 0.5701 low climbed to as high as 0.7413. From there,…

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Risk Aversion Helped Greenback End Week Strongest

The US dollar ended the trading week as the strongest currency on the Forex market thanks to risk aversion. The Australian and New Zealand dollars were the weakest due to the outlook for monetary easing from their respective…

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