Australian Dollar extends gains as losses extend in US Dollar
Hello everyone!
The Australian Dollar (AUD) displayed positive momentum, continuing its ascent following the previous session's increase as predicted earlier. The Australian currency pair received bullish support due to a correction in the US Dollar (USD) caused by a decline in US Treasury yields. Currently, it is trading at 0.636.
After upbeat US jobs data on Wednesday and a decrease in US Treasury yields, the US Dollar Index (DXY) experienced a correction from an 11-month high. However, the initial sell-off of bonds led to record-low bond yields that haven't been observed for years before recovering and directly impacting the pair's performance.
The Australian Dollar (AUD) displayed positive momentum, continuing its ascent following the previous session's increase as predicted earlier. The Australian currency pair received bullish support due to a correction in the US Dollar (USD) caused by a decline in US Treasury yields. Currently, it is trading at 0.636.
After upbeat US jobs data on Wednesday and a decrease in US Treasury yields, the US Dollar Index (DXY) experienced a correction from an 11-month high. However, the initial sell-off of bonds led to record-low bond yields that haven't been observed for years before recovering and directly impacting the pair's performance.
노트
good luck
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.