The pair is trading higher amid the strengthening demand for commodity assets as the economic activity in China is recovering, and investors expect the coronavirus pandemic to peak and subsequently recede. This will only contribute to the strengthening of the Australian currency.
Technical side:
The price is above the …
The US dollar fluctuated in a narrow range slanting back down during the Asian session to witness its bounce for the third session in five sessions from the top since March 27, while it is still in the process of its second consecutive weekly gains against the Japanese yen after …
Gold futures rose during the Asian session to witness the highest since November 23, 2012 with the negative stability of the US dollar index according to the inverse relationship between them after the developments and economic data that were reported by the Chinese economy as the largest consumer of metals …
Don't have your language?
