fxs_header_sponsor_anchor

News

Australia Victoria state expected to report 532 new cases of coronavirus - Herald Sun

 Australia Victoria state expected to report 532 new cases of coronavirus, according to the Herald Sun.

Australia Victoria to take longer than current lockdown period to slow virus, Reuters reported.

Key notes

  • May take longer than six weeks to flatten curve as virus now ‘embedded’ within community.
  • Deputy chief medical officer Coatsworth warns.

AUD/USD update

  • AUD/USD bearish gap is filled in as bulls step in ahead of a week thwart with risks. 
  • COVID-19, US/Sino and general economic risks are set to give the bulls a difficult time staying on top.
  • AUD/USD opened in a bearish gap within a 19 pip range at the start of business of the final week of July. 
  • The price at the time of writing is trading at 0.7096 within a 0.7082/11 range on the session so far. 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.