AUDUSD broke below the 2008 lows at 0.6006 on the back of US Dollar strength and ongoing concerns regarding the coronavirus pandemic. RBA already lowered interest rates twice this year and announced that is considering further cuts if necessary. These news have weakened the Australian currency. At the moment Aussie is trading at 0.5920, level not seen since 2003.
AUD / USD broke below key support zone at 0.6062 as the virus risks continued to support safe-haven assets. Source: xStation5
US inflation for April well above expectations European stocks mostly higher, US equities tumble Oil prices push higher, Brent and...
6:21 PMWendy’s (WEN.US) stock rose sharply after today’s market open, climbing to highest levels since October 2020. Nevertheless, the share price...
3:38 PMThe EIA has just released its weekly report on crude inventories. Following a sharp drop showed by the last report (-7.99 mb), US crude inventories fell...
Getting started is easy and free for 30 days, it takes only few minutes to setup.
Try a demo download now download nowForex and CFDs are leveraged products and can result in losses that exceed your deposits. Please ensure you fully understand all of the risks.
Losses can exceed deposits
