I Know First’s unique algorithm predicts the movements of currency pairs by analyzing past data and identifying current trends. Below are the most recent pairs of past forecasts and the actual forecast results.

Currency Market Review: Australian Dollar on the Rise

Summary

  • The Australian dollar steadily gained against US dollar since the plunge in March when strict containment policies were introduced.
  • Safe-haven Japanese yen gained while global equity market fell after Fed’s pessimistic outlook for the US economy.
  • If the situation worsens in the US, the demand for USD as a safer investment will still be high, driving USD value high.

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