Read more
10:55 AM ยท 25 February 2021

๐Ÿ“ˆ AUDUSD reaches 3-year high at 0.80

-
-
Open account Download free app

Antipodean currencies are G10 top performers this year. AUDUSD is trading almost 45% off the last year's lows and has reached 0.80 today - a level not seen since February 2018. Australian dollar is considered to be a 'commodity currency' and we can see that it benefits from a recent jump in commodity prices, especially copper. On the other hand, gains on AUDUSD are somewhat interesting as continued increase in US yields should support USD and serve as a brake for the upward move on AUDUSD but this is not the case this time.

Taking a look at the pair from a technical point of view, we can see that AUDUSD is approaching a major resistance zone in the 0.81 area, marked by highs from late-2017 and early-2018.

Source: xStation5

2 April 2026, 6:45 AM

Morning Wrap: Trump want to send Iran "back to the Stone Age". Indices tumble (02.04.2026)

1 April 2026, 5:48 PM

Daily Summary - Markets Await Trump's Address

1 April 2026, 3:17 PM

BREAKING: ISM shows that expansion continues but inflationary pressures surge

1 April 2026, 1:34 PM

BREAKING: U.S. retail sales above expectations! EUR/USD is gaining!

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissรฃo de Valores Mobiliรกrios (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits