Sunday, March 5, 2023

AUD/USD coiled and it gives us plenty of risk events this week, including the RBA

  
Asian Session
HOT STORY
AUD/USD coiled, and it gives us plenty of risk events this week, including the RBA
 
The Australian dollar is taking its cues from sentiment surrounding the Federal Reserve, robust US data, local economic data and while also looking to China's upcoming parliament meeting for new economic support. The Aussie is correcting higher and away from the January low of 0.6689 in the footsteps of the return of risk appetite.

The RBA, NFP and Fed chair will be the main focus.

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