Friday , 22 November 2024
Home Forex AUD/USD: Likely to continue to rise to 0.6800 – UOB Group
Forex

AUD/USD: Likely to continue to rise to 0.6800 – UOB Group

Room for Australian Dollar (AUD) to rise above 0.6755. Overbought conditions suggest it might not be able to maintain a foothold above this level, but increasing upward momentum suggests AUD is likely to continue to rise to 0.6800, UOB Group analysts note.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

US stocks are mixed in premarket trading

The futures are implying a mixed opening with 30 minutes to go...

ECBs Nagel (Hawk): PMI data confirms that Germany is stagnating

ECB Nagel is on the wires saying"PMI data confirm that Germany is...

ECBs Villeroy: ECB is achieving a soft landing

ECBs Villeroy is weighing in after weaker data today:ECB is achieving a...

Canada retail sales for September 0.4% vs 0.4% estimate

Prior month 0.4%Retail sales for September x.x% vs 0.4% est.Ex Auto 0.9%...