
AUD/USD: Sellers attack 0.7100 as risk-aversion intensifies
AUD/USD consolidates the latest declines from 0.7138 after snapping the four-day winning streak.
Downbeat NAB Business Confidence, federal budget announcements mix with Wall Street’s first red in five days.
Escalations in the US-China tension, rising virus numbers and record low US TIPS threaten mar
Oil Retreats Over Demand Recovery Fears
Investing.com – Oil was down on Thursday morning in Asia, giving up some of its gains from the previous session. Investor worries about a stall in the black liquid’s demand recovery increased after California became the latest U.S. state to re-impose lockdown measures on Wednesday.
The measures incl
COVID-19 Spike Prompts Mixed Oil Prices as U.S. Demand Stays Frail
Investing.com – Oil prices were mixed on Monday morning in Asia as the U.S. reached a record high for new coronavirus cases for the 27th day in a row with twelve states reporting new highs in seven-day case averages.
Montana, Delaware and Alaska are experiencing the biggest percentage increase from
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