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AUD/USD Price Rebounds from 2-Year Lows amid Improved Risk

Started by forex4you, May 11, 2022, 10:01 am

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AUD/USD Price Rebounds from 2-Year Lows amid Improved Risk

AUD/USD is expected to update its intraday high and continue the corrective rollback from the two-year low. The market shows signs of risk-on with soft yields and moderately positive equity futures. China and Fedspeak support bids despite bearish NAB data out of Australia. US/China inflation, Fedspeak data, and Aussie Westpac Consumer Confidence will be key … Continued


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