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Your email address will not be published.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

European indices off to a more positive start again today

Eurostoxx +0.6%Germany DAX +0.6%France CAC 40 +0.5%UK FTSE +0.6%Spain IBEX +0.4%Italy FTSE...

What are the main events for today?

Today is the Flash PMIs Day for the Eurozone, the UK and...

Eurostoxx futures +0.2% in early European trading

German DAX futures +0.2%French CAC 40 futures +0.1%UK FTSE futures +0.4%This follows...

UK Retail Sales decline 0.7% on a monthly basis in October vs. -0.3% expected

The UK's Office for National Statistics (ONS) reported on Friday that Retail...