AUD/USD: forecast for July 24-2

The weakness of the US currency made AUD/USD leap higher. Better-than-expected economic data from China contributed to the increase. Australian labor market figures were also bright: there was the second highest one-month employment gain since 2011. The minutes of the Reserve Bank of Australia’s July meeting showed that the regulator sees the necessity of higher rates. In this positive environment, the pair’s small retreat by the end of the week was caused just by the massive profit taking and not by some bad things.

Similar

Latest news

FOMC Meeting, Gold Plunge, and Pound Decrease | Market News
FOMC Meeting, Gold Plunge, and Pound Decrease | Market News

Although the last week was intense, this one may be more dynamic and volatile. After the FOMC meeting and controversial decisions from the Bank of England, we saw a historical pound decrease, and the gold plunge. And there’s even more for you.

Deposit with your local payment systems

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera