News

Australian PM Morrison: To tighten enforcement on self-isolation for citizens returning from overseas

Australian PM Scott Morrison said on Friday that the government will tighten enforcement on self-isolation for citizens returning from overseas.

Further comments

States, territories to quarantine all arrivals in hotels.

To deploy defense forces to support states, territories in enforcing self-isolation.

States, territories to pursue their own arrangements on schools.

Government is preparing a 3rd tranche of economic aid.

 To have more details in coming days.

AUD/USD reaction

Having regained the 0.61 handle for the first time in seven days, AUD/USD holds 1% gains so far this Friday, as the bulls test multi-day highs at 0.6127 reached in the last minutes.

Broad US dollar sell-off, RBA’s liquidity injections and Australia’s stringent efforts to contain the virus spread seem to lend support to the major.

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