Major currency pairs show quiet and weak trading with the opening of the week, due to the impact of the financial markets holiday, and therefore, the scenarios proposed in last Friday's reports will remain as they are
As the Australian dollar versus the US dollar resumes its positive trading significantly, …
The pair is trading higher amid the strengthening demand for commodity assets as the economic activity in China is recovering, and investors expect the coronavirus pandemic to peak and subsequently recede. This will only contribute to the strengthening of the Australian currency.
Technical side:
The price is above the …
The US dollar fluctuated in a narrow range slanting back down during the Asian session to witness its bounce for the third session in five sessions from the top since March 27, while it is still in the process of its second consecutive weekly gains against the Japanese yen after …
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