Strong Risk Rally on EU Recovery Fund, Aussie Accelerates

Shot of an unrecognizable businesswoman using a digital tablet with graphs on it in a modern office
Global stock markets are lifted by the agreement on the EUR 750B Next Generation EU recovery package. Commodity currencies surge broadly with Australian Dollar leading the way. RBA Governor indicated that the current exchange rate is inline with Australia’s fundamentals. On the other hand, Dollar, Yen and Swiss Franc are under broad based pressure due […]
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