Australian Dollar Outlook: Tied To Biden Stimulus, S&P 500, US Dollar, Treasuries
January 16, 2021 at 19:51 PM EST
The growth-linked Australian Dollar spent most of the week trading in limbo, a marked shift in pace from persistent gains since October. Aussie crosses like AUD/USD, AUD/JPY, AUD/CAD and AUD/CHF tend to move very closely with broader risk appetite.