We are bearish on the Australian Dollar due to investor's concerns regarding the economic costs caused by the novel COVID-19 in Asia. Also, RBA was dovish in its February minutes. In other matters, due tomorrow, analysts expect Australia's unemployment rate would rise from 5.1% to 5.2%.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.