menu search

AUD/USD down to six-week lows on higher dollar, softer risk mood

AUD/USD down to six-week lows on higher dollar, softer risk mood

The pair had been hanging on to daily support from the 19 January low at 0.6870 so far this month but that finally looks to be giving way today in a drop to 0.6830 currently. The drop today sees price down 0.7% to its lowest since 6 January as the dollar runs hot and equities are staying on the defensive. That said, buyers are still hanging in there for the most part.

Despite the rejection at the August highs at 0.7... Read More

Posted: Feb 17 2023, 09:38
Author Name: forexlive
Views: 110820

Search within

Pages Search Results: