The focus of traders’ attention shifted from concerns about the virus resurgence to hopes for a US stimulus package. As a result, the market sentiment improved, driving riskier currencies and stocks to the upside.
Tag - aud - australian dollar
The US dollar is edging higher, driven by the better-than-expected Manufacturing PMI.
The market sentiment is mixed, but there are still interesting movements on the market.
The market sentiment has switched to risk-on, driving upwards stocks and riskier currencies and weighing on the US dollar.
Australian Private Capital Expenditure will be out on Thursday at 2:30 MT time!
The Fed made a dovish statement yesterday. As a result, the US dollar dipped down, while riskier currencies and stocks significantly rose.
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The Reserve Bank of Australia will announce its policy decision on May 4 at 7:30 MT (GMT+3).
The Reserve Bank of Australia will announce its policy statement and gives an economic outlook on July 6 at 7:30 MT.
Australian monthly retail sales will be announced at 04:30 MT time (GMT+3) on Wednesday, July 21. T