Australia’s New South Wales state reports further easing of restrictions
|The Victorian premier, Daniel Andrews, said recently that having just two new coronavirus cases across the state on Friday vindicated the severe lockdown measures imposed on Melburnians since August.
Today, there are more signs that the virus is abating allowing for further loosening of the restrictions.
Last week Andrews acknowledged the government would probably alter its targets to allow a more rapid reopening, saying it was likely “10 is the new five”.
Meanwhile, there is a focus on the Reserve Bank of Australia expected to ease further as soon as next month by way of QE, a potential weight to the currency.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.