Australian Dollar Outlook Bearish on Concerns of Second Covid-19 Outbreak

AUD may come under pressure in the week ahead as fear of a second-wave of Covid-19 rattles financial markets amid growing China-Australia geopolitical tensions.

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AUD/USD Rate to Face Another Sharp Decline in Australia Employment

The update to Australia’s Employment report may influence AUD/USD as the economy is expected to shed 125K job in May.

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An Australian government senator want tariffs on imports from China, Chinese state-owned assets seized

Government senator Concetta Fierravanti-Wells – called for Australia to slap tariffs on Chinese imports – to consider seizing state-owned assets  "Of course, this would further impact on the relationship, but…

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Recap April 12: Tesla Furloughs 50% of Workforce – Epic Week for Stocks (Recap Ep066)

In this week, the US stock remains mostly higher due to OPEC decisions and as evidence mounts that coronavirus death & infection rates may be leveling off. OPEC & other…

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