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Forex Market (May 4): AUD/USD – Australian Dollar US Dollar which signed at 1.07% has risen to 0.717

Alex Lowe by Alex Lowe
May 5, 2022
in Currencies, Currencies Market Outlook, Forex Market, Forex Market Outlook, Special
0

FintechZoom > Markets > Forex > Currencies > Forex Market (May 4): AUD/USD – Australian Dollar US Dollar which signed at 1.07% has risen to 0.717

Another trading session dominated by AUD/USD – Australian Dollar US Dollar which signed at 1.07% has risen to 0.717.

The DXY index lost -0.05% while trading within the 103.42 range for most of the day before closing. The DXY is in green on YTD basis, getting today a variation of 7.73%.

The EUR/USD exchange rate hiked, the pair is now traded at 1.0555, gaining in this market session around 0.33% or 0.0035 pips. Analysts’ projection for the short term is Strong Buy.

The USD/CAD exchange rate lost, the pair is now traded at 1.2801, losing in this market session around -0.31% or -0.004 pips. Analysts’ projection for the short term is Strong Sell.

The USD/JPY exchange rate lost, the pair is now traded at 129.96, losing in this market session around -0.10% or -0.14 pips. Analysts’ projection for the short term is Strong Buy.

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The USD/NZD exchange rate lost, the pair is now traded at 1.5465, losing in this market session around -0.41% or -0.0063 pips. Analysts’ projection for the short term is Strong Sell.

The AUD/USD exchange rate lost, the pair is now traded at 1.5465, losing in this market session around -0.41% or -0.0063 pips. Analysts’ projection for the short term is Strong Sell.

The GBP/USD exchange rate gained, the pair is now traded at 1.2505, gaining in this market session around 0.05% or 0.0006 pips. Analysts’ projection for the short term is Strong Buy.

Previous Post

Stock Market Today (May 5): Markets on Red. On average all major indexes signed a -0.47% variation

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Funds & ETF Today (May 4): SPDR S&P 500 +0.35% and ProShares Ultra VIX Short-Term Futures -4.35%

Alex Lowe

Alex Lowe

Alex is a financial writer covering forex. He is a expert financial journalist whose credits include Bloomberg, FT of London, Chicago Tribune. Contact: [email protected]

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