AUD/USD (AUDUSD=X)
- FX Empire
AUD/USD Price Forecast – AD Continues to Slam Against Major Resistance
The Aussie dollar rallied rather significantly early on Tuesday, as we continue to test the major resistance above at the 0.7350 level.
- FX Empire
AUD/USD Daily Forecast – Test Of Resistance At 0.7340
AUD/USD gained strong upside momentum and is trying to settle above the resistance at 0.7340.
- Investing.com
Dollar Weakens as Biden's Transition Becomes Clearer
The dollar saw selling in early European trade Tuesday, as clarity over the U.S. political transition emerged and the tapping of Janet Yellen to be the next Treasury Secretary strengthened expectations of an expansive fiscal policy under President-elect Joe Biden. A lot of the uncertainty surrounding the transition of power in the U.S. was lifted Monday when Emily Murphy, the General Services Administration head, effectively acknowledged Biden as the winner of the presidential election, saying he could have briefings and funding to ease his transition into the role.
