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Apr 08 - 02:55 AM

AUD/USD - Claws Back Some Ground On Positive Risk Mood

By Krishna K  —  Apr 08 - 01:26 AM
  • AUD/USD rallies 0.25% in Asia on perception Wednesday decline overdone

  • Sentiment boosted by robust iron ore prices, rising Australian stocks

  • ASX 200 rises to a 13-month high above 7000, S&P futures climb to fresh peak

  • Elevated U.S yields, Australia's slow vaccine rollout likely to cap rallies

  • Powell's appearance in a panel about global economy awaited later Thursday

  • Resistance 0.7645-50, 0.7670-75, support 0.7600-05, 0.7565-70

  • For more click on FXBUZ


Asia-Pacific equities' performance in 2021: Click here

Source:
Refinitiv IFR Research/Market Commentary

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