Australian Dollar Surges While Geopolitical Risks Ease

The Australian dollar surged on hot inflation data while easing US-Iran tensions weighed on oil prices.

Source: DepositPhotos

Markets enter Wednesday with a cautiously constructive tone as US-Iran de-escalation hopes weigh on oil and yields, the Australian dollar outperforms following hot inflation data, and investors await US PCE, Nvidia earnings and Jackson Hole.
Video Length: 00:02:15

STOCKS IN THIS ARTICLE

Also Mentions:

Comments