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The RBA’s Minutes anticipated additional easing coming in the near-term.
Australia will release the November Westpac Leading Index, previously at 0.12%.
AUD/USD holds on to gains near this year’s high, could storm through 0.7600.
The AUD/USD pair suffered a setback at the beginning of the day, falling to 0.7506, as the Reserve Bank of Australian Minutes brought a surprise. Policymakers noted that “substantial policy support” would be required for a considerable period, somehow hinting at more QE coming in early 2021. Meanwhile, the American dollar got attention due to its safe-haven condition, advancing on mounting concerns regarding fresh lockdowns in the US and Europe.
12/15/2020 7:41:57 PM GMT
AUD/USD Current Price: 0.7557
The RBA’s Minutes anticipated additional easing coming in the near-term.
Australia will release the November Westpac Leading Index, previously at 0.12%.
AUD/USD holds on to gains near this year’s high, could storm through 0.7600.
The AUD/USD pair suffered a setback at the beginning of the day, falling to 0.7506, as the Reserve Bank of Australian Minutes brought a surprise. Policymakers noted that “substantial policy support” would be required for a considerable period, somehow hinting at more QE coming in early 2021. Meanwhile, the American dollar got attention due to its safe-haven condition, advancing on mounting concerns regarding fresh lockdowns in the US and Europe.