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Forex News

Agreed to bring forward consideration of relaxing restrictions to next Friday

The national cabinet agreed to bring forward consideration of relaxing restrictions to next Friday, said Australian Prime Minister (PM), Scott Morrison.

Further comments

Now about 1.5 million people on jobseeker allowance.

Net overseas migration expected to fall by about a third this financial year.

Relationship with China is mutually beneficial.

Covid-19 impact will lagged economic impacts beyond emergency period.

Market reaction

The above comments had zero to no impact on the aussie dollar, as AUD/USD consolidates the latest decline near 0.6465 region.

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