Summary: The Australian Dollar has continued its previous growth after recent Chinese economic data showed stronger than expected performance. The Great British Pound is struggling due to Brexit uncertainty. Expected interest rate cuts are weakening the Euro and U.S. Dollar. Australian Dollar vs. Pound Sterling The Australian dollar is on the rise. The Reserve Bank […]
Weekly Currency Review DXY Index Price Chart: 5-minute Timeframe (from July 4 to July 11, 2018). Source: Tradeview.com The US employment data released last Friday showed optimism in the economy. There are 213,000 jobs added in June, down from the May’s figure of 244,000 but beating the forecast of 195,000 from Thomson Reuters survey. Even […]
Currency News: Australian Dollar Maintaining Its Low
7 Day Currency Forecast from April 4, 2017 to April 11, 2017
Even though, we have seen in the past years the weakening of the Aussie Dollar, this is due to various factors some being related to their industrial production for export and domestic use which has diminished in the past few years.
