In light of the growing coronavirus cases in Australia, New Zealand (NZ) Prime Minister (PM) Jacinda Ardern said that opening up the borders due to the pandemic is untenable.
“More work needs to be done on a Trans-Tasman bubble.”
“Government needs assurances from Australia.
A continues fall - price directly slop from 3224 to 2995. It can see that when there is continue fall price bounce up-to 100 points. The price was trading near the support line that became the strong point for breakout. It can be seen that the price can move near the suppor
AUD/USD continues to trade in the green despite RBA's dismal 2020 growth forecast.
Governor Lowe had already informed markets about the impending economic downturn.
Risk is buoyed in Asia and keeping the AUD better bid.
The bid tone around the Aussie dollar remains intact, keeping the AUD/USD at