Australia's Victoria 'well placed' to start easing COVID-19 curbs – Reuters

Australia’s no.2 most populous state of Victoria could begin lifting a snap five-day coronavirus lockdown, Reuters reports, citing Victoria Premier Daniel Andrews on Wednesday.

This comes as the state reported just two new covid cases a day before.

Key quotes

“This strategy is working.” 

“We are well-placed to be able to make changes tomorrow night. As I said yesterday, I’m not in a position to definitively commit to that, because these next 24 hours will be crucial.”

Market reaction

AUD/USD is trading around 0.7800, one-month highs, as the above comments also add to the bullish sentiment around the spot. The spot adds 0.29% so far.

• AUD/USD nears 2021 tops at 0.7820 amid record rally in S&P 500 futures