Relationships with China – with Australia and the US – will likely remain center-stage after limiting the enthusiasm triggered by vaccine hoes and support from the Federal Reserve, according to FXStreet’s analyst Yohay Elam. The AUD/USD trades at 0.6525 after retreating back from the 0.6600 level. Also see: The Aussie will suffer Chinese retaliation Key quotes “Australia’s disease-related deaths and cases continued climbing at a minuscule rate, allowing for further reopening and a gradual return of sports that Aussie love so much – bullish for the national psyche.” “The lack of any adverse developments may be enough to lift the A$ – as China’s steps against Australia are on the sidelines of trade between them. Additional tariffs or harsh rhetoric may weigh.” “Economists expect the 4.8% annualized fall in the US GDP to be confirmed in the second read. Changes in personal consumption – the main drag – will be eyed. Durable Goods Orders statistics for April will provide a picture of investment in the second quarter.” 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 GBP/USD: Boris easing restrictions would let the pound to walk up FX Street 3 years Relationships with China – with Australia and the US – will likely remain center-stage after limiting the enthusiasm triggered by vaccine hoes and support from the Federal Reserve, according to FXStreet’s analyst Yohay Elam. The AUD/USD trades at 0.6525 after retreating back from the 0.6600 level. Also see: The Aussie will suffer Chinese retaliation Key quotes “Australia's disease-related deaths and cases continued climbing at a minuscule rate, allowing for further reopening and a gradual return of sports that Aussie love so much – bullish for the national psyche.” “The lack of any adverse developments may be enough to lift the… 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.
