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AUD/USD Forecast: Aussie Set to Benefit From Prospects of the Labor Market
Monday, December 17, 2018 - 2:18pm | 420The AUD/USD is supported by the upward sloping trendline after last Friday’s selloff. The Australian labor market is expected to report the unemployment rate steady at 5.0% in November. The US Federal Reserve is expected to raise the target range for Fed funds to 2.25%-2.50%, but the monetary...
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Playing The Australian Dollar With Binary Options: Is A Recuperation Under Way?
Thursday, December 31, 2015 - 9:42am | 419Same as most major currencies around the globe, the Australian dollar has been depreciating versus the U.S. dollar over the past few years. After hitting its mid-2011 highs, the currency started to fall consistently. Between late-April 2011 and the end of 2015, the notes lost more than 32 percent...
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AUD/USD Lower
Friday, July 24, 2015 - 1:33pm | 55AUD/USD is trading at 0.7274, down 0.0083. The pair is trading at just above lows of the session and multi-year lows. Market chatter about RBA monetary policy and China's July Manufacturing PMI, which came out at 48.2 versus 49.4 in June, continues to make the rounds. Market chatter about the...