Advertising
Advertising
twitter
youtube
facebook
instagram
linkedin
Advertising

Australian Dollar To US Dollar (AUD/USD) Climbed To A High Last Seen On May 6 | ICM.COM

Australian Dollar To US Dollar (AUD/USD) Climbed To A High Last Seen On May 6 | ICM.COM| FXMAG.COM
Aa
Share
facebook
twitter
linkedin

Table of contents

  1. How Weak US Dollar (USD) Can Affect AUD/USD?
    1. Read next: Altcoins: What Is Polkadot (DOT)? Cross-Chain Transfers Of Any Type Of Asset Or Data. A Deeper Look Into Polkadot Protocol | FXMAG.COM
    2. Follow FXMAG.COM on Google News

AUD/USD rose to the high of 0.7134 on Friday's Asian session following the release of Retail Sales data that matched market forecasts. The market assumes that it is due to the fresh monthly low of the US Dollar Index (DXY).

australian dollar to us dollar aud usd climbed to a high last seen on may 6 icm com grafika numer 1australian dollar to us dollar aud usd climbed to a high last seen on may 6 icm com grafika numer 1

How Weak US Dollar (USD) Can Affect AUD/USD?

The weakness of the US Dollar Index may lift AUD/USD ahead of the US Core Personal Consumption Expenditure (PCE) Price Index for April later today, expected at 4.9% YoY versus 5.2% prior.

Read next: Altcoins: What Is Polkadot (DOT)? Cross-Chain Transfers Of Any Type Of Asset Or Data. A Deeper Look Into Polkadot Protocol | FXMAG.COM

Follow FXMAG.COM on Google News


ICM.COM Market Updates

ICM.COM Market Updates

ICM.com is a UK-based, global, multi-regulated broker, and financial services provider, providing online foreign exchange (FOREX) and Contract for Difference (CFDs) trading solutions as well providing access to most of the world’s stock exchanges via its ICM Securities platform.

ICM’s aim is to provide a safe online trading environment and comprehensive support to all its customers with no compromise on speed, performance, variety of instruments, or price.

The company provides one of the highest levels of insurance in the industry. Client funds are secured in segregated accounts with tier 1 banks and they offer a variety of ways to ensure your funds are always easily accessible. They also have a Civil Liability Insurance Programme that covers up to £5 million.

ICM.com have over 5,000+ products available including currencies (FOREX), Indices, Commodities, precious metals, futures, and cryptocurrencies making them a one-stop-shop for all your trading needs. Its products can be traded via the MetaTrader 4, MetaTrader 5, or cTrader platforms. The company also provides access to all the major stock exchanges globally via its ICM Securities platform.


Advertising
Advertising