Risk on narrative continues to drive AUD upturn

Risk on narrative continues to drive AUD upturn

Risk on narrative continues to drive AUD upturnPosted by OFX AUD – Australian Dollar The Australian dollar upturn continued through trade on Wednesday despite Q1 GDP data indicating the Australian economy had tipped into a technical recession. Equities and growth sensitive currencies rallied for an 8th consecutive day amid sustained appetite for risk and an upswing in Chinese macroeconomic … Continue reading "Risk on narrative continues to drive AUD upturn"The post Risk on narrative continues to drive AUD upturn appeared first on .