The pair is trading below the resistance level of 1.1900. Global weakness of the dollar is expected to escalate amid the apparent problems in the US economy and the massive stimulus by the Fed and the Treasury, which turn the dollar from a safe-haven currency into a funding currency. …
The Australian dollar rose during the Asian session to witness its highest since February 6, 2019 against the US dollar after the developments and economic data that we followed about the Australian economy and the Chinese economy is the largest trading partner of Australia and before the economic developments and …
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