Australian PM Morrison: Early modeling work on virus suggests Australia is tracking well
|Australian Prime Minister (PM) Scott Morrison is on the wires now, via Reuters, noting that early modeling work on virus suggests Australia is tracking well.
Australia is at a single-digit rates on infection growth, he said.
AUD/USD implications
The bid tone around the Aussie dollar remains intact on PM Morrison’s optimistic outlook on the virus situation in the country.
The spot trades better bid at 0.6063, underpinned by better Australian Retail Sales and Chinese Services PMI data while the greenback takes a breather across the board.
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