DCFX-TA

AUDUSD | Market outlook

Short
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
In the absence of significant economic releases, the focus of investors' attention remains the pandemic situation in Australia, which continues to worsen. Today, more than 147K infected citizens have been recorded in the country, which is a record for the entire time of the pandemic. The number of hospitalizations is also growing, although, according to officials, so far the health system is coping with the situation. High morbidity forces local authorities to soften the isolation criteria for citizens who have been in contact with the sick, as the business continues to suffer from a shortage of staff. Prime Minister Scott Morrison will hold a government meeting today to decide on new measures to support businesses and reduce pressure on supply chains.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.