Open Demo Account
Home / Market Update / Forex Market / AUD/USD Reaches 3-years Highs

AUD/USD Reaches 3-years Highs

Adel 25 February, 2021 1:33 pm Forex Market, Market Update

Strong buying interest around the AUD/USD has pushed the pair to cross the crucial 0.8000 barrier for the first time since February 2018.

The reflation pattern is gaining some momentum in Europe, which reflects risk trends with hopes about the US fiscal stimulus and the Corona vaccine, which boosts the appetite for more risk and affects the US dollar negatively as it is a safe haven.


to be updated …

Tags

Check Also

Gold Tests $4,000 Support as Dollar Hits Fresh 13-Month High: September Fed Hike Now 70% Priced

Key Takeaways Gold extends losing streak: Spot gold fell 0.5% to $4,090.72 per ounce after …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends