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Breaking: AUD/USD refreshes yearly low under 0.7400 on coronavirus woes

  • AUD/USD remains pressured for third consecutive day as bears attack early December 2020 levels.
  • Virus concerns escalate as number of exposure sites jumps in Victoria, UK marks the largest infections since January.
  • Indecision over Fed’s next moves, extended local lockdown in Australia weigh on sentiment.
  • Covid updates, qualitative catalysts become the key amid a light calendar.

AUD/USD stays offered near the fresh yearly low, down 0.24% intraday around 0.7380, amid Monday’s Asian session.

More to come...

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Silver (XAG/USD) prints corrective pullback near the monthly bottom, up 0.12% intraday around $25.70, amid Monday’s Asian session. In doing so, the wh
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US Dollar Index Price Analysis: DXY bulls remain hopeful to meet 93.00

US Dollar Index (DXY) picks up bids to 92.70 during Monday’s Asian session. In doing so, the greenback gauge awaits fresh clues to extend the previous
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