Last week, the Australian dollar influenced the AUD/USD pair, standing against the US dollar. Thus, the peak of the fluctuation reached 0.6750.
The pair managed to restore some positive dynamics as investors observed a greater stimulation of Chinese authorities to control the coronavirus situation.
On the other hand, the US dollar managed to reach 4-1/2 monthly highs. This strengthened the income in this direction and soon may confidently have a deterrent effect on positive movements. What further restrains investors from placing aggressive bullish rates is a closed American bank on Monday, in celebration of President's Day.
