August 17, 2020 at 02:51PM
Australian dollar climbs to one-week high as the risk mood improves and USD slumps
AUD/USD at the best levels of the day
The Australian dollar is climbing with the improving mood in markets today and the weakening US dollar.
The release of 13F filings has brought out some animal spirits, especially in precious metals. That’s helped to lift AUD/USD by 40 pips to 0.7212.