OANDA:AUDUSD   Australian Dollar / U.S. Dollar
UBS said in a note on May 13: "Historically, May has been a good month for the dollar. Our seasonal indicators show that demand for the dollar typically increases in the belated month of April and peaks in mid-May


Mainly for the foreign exchange market overseas, it is also a signal that the market can also hold the dollar for a long time to obtain extremely high costs and as a hedging tool." This prevented the occasional selling of the dollar that had occurred in previous periods, and the dollar acted as an additional supply of opportunity."
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