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AUD/USD Reaches 6-Week High Amid Easing Restrictions

Scandinavian Capital Markets

AUD/USD rallied to its highest level since March 11 in early trading on Tuesday, as Australia stands out as one of the countries having best managing the Coronavirus pandemic. The country responded quickly, closing its borders and imposing restrictions on movement. With new cases falling sharply over recent weeks, Australia began to ease social distancing restrictions. Sydney’s famed Bondi beach was reopened on Tuesday to local swimmers after a month-long closure.

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Source: https://scandex.com/2020/04/28/aud-usd-reaches-6-week-high-amid-easing-lockdowns/
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