The Australian dollar is taking advantage of the USD's weakness before the FOMC statement.
Tag - aud - australian dollar
The Australian dollar is losing grip or just resting before it goes higher? Let's see the charts from a long- and short-term perspective.
The week starts positively, but on a milder note compared to some aggressive gains achieved recently; with the exception of the USD/JPY, the US dollar is generally weak.
The USD is trying to retrace losses versus other major currencies, while traders await comments from the ECB…
The AUD is the strongest currency in the Forex market these days. What are the long-term perspectives?
As the risk-on mood stays in the market pushing the AUD to beat new local highs, the USD goes down, gold - sideways, and the oil price - up.
The US-China tensed relationship coupled with the US domestic unrest weakens the USD against most currencies. The AUD, oil, and gold rise.
The Forex market is more risk-on compared to the previous days, hence the US dollar has given up some of its positions.
The Australian dollar set a strong upward trend over a month. Will AUD loose its gains soon?
The US-China relations become more tensed pushing the USD gain value against the rest of the currencies; JPY loses, gold and oil indecisive.
Worries about tensions between the United States and China have pushed the USD up versus the EUR, the GBP, and the AUD…
It’s worth paying attention to AUD/JPY. The pair has approached the resistance line connecting April and May highs.