AUD/USD jumps to daily tops near 0.7760. Risk appetite wakes up and lifts the pair. Markets’ focus is now on Biden’s speech and probable announcements. The sudden drop in the greenback lifts AUD/USD to the area of daily/weekly highs around 0.7760 on Wednesday. AUD/USD looks to risk trends, Biden AUD/USD adds to Tuesday’s gains and now navigates 3-day highs near 0.7760 following the moderate improvement in the risk complex. In fact, the weakness surrounding the dollar has accelerated as Inauguration Day is under way and ahead of the speech by President Biden later in the session. In the domestic docket, the Consumer Sentiment gauged by Westpac deteriorated to -4.5 for the current month. Moving forward, the December’s labour market report is due on Thursday, with the jobless rate expected to ease to 6.7%. AUD/USD levels to watch At the moment the pair is advancing 0.63% at 0.7741and a break above 0.7760 (weekly high Jan.20) would aim for 0.7820 (2021 high Jan.6) and finally 0.8000 (psychological level). On the downside, immediate contention emerges at 0.7658 (weekly low Jan.18) seconded by 0.7642 (2021 low Jan.4) and then 0.7492 (55-day SMA). FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next BOC’s Macklem: Too early to consider slowing bond-buying pace, USD/CAD off the lows FX Street 2 years AUD/USD jumps to daily tops near 0.7760. Risk appetite wakes up and lifts the pair. Markets’ focus is now on Biden’s speech and probable announcements. The sudden drop in the greenback lifts AUD/USD to the area of daily/weekly highs around 0.7760 on Wednesday. AUD/USD looks to risk trends, Biden AUD/USD adds to Tuesday’s gains and now navigates 3-day highs near 0.7760 following the moderate improvement in the risk complex. In fact, the weakness surrounding the dollar has accelerated as Inauguration Day is under way and ahead of the speech by President Biden later in the session. In the domestic docket,… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
