| Previous Close | 88.998 |
| Open | 88.991 |
| Bid | N/A |
| Day's Range | 89.026 - 88.799 |
| 52 Week Range | 89.0256 - 88.7986 |
| Ask | N/A |
- FX Empire•yesterday
Australian Dollar Rallies Undisturbed by Poor Data
The Australian dollar continued to rise today following yesterday’s surge. The poor macroeconomic data released over the current session did not bother the currency much. Yesterday’s rally was caused by the policy minutes of the Reserve Bank of Australia, which market participants considered hawkish. The notes showed that Australian policy makers targeted 3.5% as the neutral level for the key interest rate, and that is far above the current 1.5%. As for today’s data, the leading index … Continue reading Australian Dollar Rallies Undisturbed by Poor Data
- FX Empire•17 days ago
Australian Dollar Unable to Keep Gains Caused by China’s PMI
A private report released today showed that China’s manufacturing sector switched to growth. The Australian dollar attempted to rally with the help from the good news from Australia’s biggest trading partner. Yet the currency lost its gains versus its most-traded rivals (with the exception of the soft Japanese yen) as the report was not as good as it looked at first glance. The Caixin China General Manufacturing PMI climbed from 49.6 … Continue reading Australian Dollar Unable to Keep Gains Caused by China’s PMI
- FX Empire•28 days ago
Technical Outlook For AUD/USD, EUR/AUD, GBP/AUD & AUD/CAD: 22.06.2017
AUD/USD AUDUSD’s pullback moves from 0.7540 could be challenged by the 0.7565-70 horizontal-line, which in-turn might trigger the pair’s fresh drop towards 0.7540 re-test, breaking which 0.7520-15 area becomes crucial for traders to watch. Should sellers refrain from respecting the 0.7515 support, the 0.7500 may act as an intermediate halt during the quote’s south-run to … Continue reading Technical Outlook For AUD/USD, EUR/AUD, GBP/AUD & AUD/CAD: 22.06.2017
