AUD/USD: Above 0.6300 on Good Friday holiday with eyes on China CPI
AUD/USD remains above 0.6300, despite stepping back from the monthly high of 0.6363 to currently around 0.6330, at the start of Friday’s Asian session. Markets in Australia/US are closed for Good Friday, Chinese markets are up with March month inflation data on the cards.
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THEMES AFFECTING THE AUD/USD
SPECIAL WEEKLY FORECAST
The thrill is gone – AIUD/USD's sugar rush, fueled by monetary and fiscal stimulus, faded out. As COVID-19 continues spreading around the world, the mood soured, and the risk-off sentiment is weighing on the Aussie.