AUD/USD hit four-day highs above 0.6800 as US dollar retreats
15.07.2022, 15:35

AUD/USD hit four-day highs above 0.6800 as US dollar retreats

  • US Dollar drops across the board, moves off multi-year highs.
  • US economic data mostly above expectations.
  • AUD/USD up on Friday, still heads for the lowest weekly close since May 2020.

The AUD/USD is rising more than 50 pips on Friday as it moves off the multi-year low it hit on Thursday at 0.6697. Recently the pair hit the highest level since Monday at 0.6805.

Near the end of the week, AUD/USD is hovering around 0.6800, far from the recent low but still in negative for the week. The weekly close could be the lowest since May 2020; however, the sharp rebound from 0.6700 is a positive sign for the Aussie.

Dollar correct lower amid risk appetite

The greenback is pulling back across the board as stocks in the US post strong gains. The Dow Jones is up by 2.00% and S&P 500 by 1.75%. US yields are modestly lower, unaffected by US economic data. The DXY is falling 0.62% on Friday, the worst performance in a month.

Data released on Friday showed Retail Sales rose above expectation in June, the Empire Manufacturing index climbed unexpectedly to 11.1 and the Consumer Confidence report also surpassed market consensus. The odds of a 100 basis points rate hike from the Federal Reserve at the July meeting rose after the numbers; and were partially offset by Fedspeak, suggesting a 75bps hike seems more likely.

Technical levels

 

© 2000-2025. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik