8:32 AM · 7 July 2020

Aussie sinks on lockdown news

The Australian dollar is clearly on the back foot on Tuesday morning after stunning news of hard lockdown in Melbourne. The COVID cases have been on the rise in Victoria state but at around 150 per day they are still way lower than in some other countries (especially the US). Clearly the Australian authorities are taking these risks more seriously and have reintroduced lockdown in Melbourne where some businesses need to close and people can leave their homes only in certain conditions.

The AUDUSD has already fully recovered from the pandemic shock and from such perspective today’s reaction looks benign. Will the economic hit to the Australian economy translate into more selling from the resistance?   

22 July 2026, 8:33 AM

Economic Calendar: Time for Tesla and Google Earnings (22.07.2026)

22 July 2026, 7:30 AM

Morning Wrap: AI companies and gold back in favour? (22.07.2026)

21 July 2026, 7:02 PM

Daily Summary: Semiconductors Rise in the Shadow of Geopolitical Turmoil

20 July 2026, 12:23 PM

Market Wrap: Airlines Under Pressure, Europe Resists Expensive Oil

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 Comissão de Valores Mobiliários (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