Financial markets are fragile but remain functional, Australian Prime Minister (PM) Scott Morrison said while speaking to reported on Friday.
“Withdrawals from super not creating liquidity issues.”
“Debt raisings show markets see Australia as a good bet in uncertain times.”
AUD/USD on the back foot
AUD/USD trades on the back foot around mid-0.64s, undermined by renewed coronavirus fears and mixed Chinese macro data. The aussie dollar pays little heed to the above remarks.