Australian Dollar Forecast: Key AUD/USD, AUD/NZD Levels to Watch
Australian Dollar Forecast: Key AUD/USD, AUD/NZD Levels to Watch 2021-01-22 09:00:00 Justin McQueen, Analyst AUD/NZD | Rich Levels Relative to Spreads A bout of risk aversion sees the Australian Dollar under pressure this morning with a larger than expected drop in retail sales adding to the soft tone for the currency. However, the retail sales data can be largely overlooked given that it is a slight normalisation from the Black Friday inspired boost in prior month. That said, the trend remains the same for the US Dollar, whi...
Source: dailyfx.com