Weekly Currency Outlook, AUD/USD, AUD/EUR

AUD/USD AUD/USD has been remarkably strong over recent weeks. And last week’s close at 0.7370, was AUD/USD’s its highest weekly close in four-months. The reasons behind the unusual strength in AUD since the Ukraine-Russian conflict commenced was highlighted in last week’s weekly. But in a nutshell, the strength in AUD reflects a number of reasons:

CurrenC, March 7, 2022

Weekly Currency Outlook, AUD/USD, AUD/EUR

AUD/USD AUD/USD remained within a narrower trading range over the course of last week, compared to the previous week. The narrow range in AUD was notable despite rising tensions between Russia and the Ukraine, that has created volatility in global bond and equity markets. Last week, the Australian January labour market report was relatively strong,

CurrenC, February 21, 2022