Previous Close | 0.6724 |
Open | 0.6726 |
Bid | 0.6706 |
Day's Range | 0.6693 - 0.6734 |
52 Week Range | 0.6272 - 0.7092 |
Ask | 0.6702 |
The Australian dollar has gone back and forth during the course of the week, as we continue to see a lot of questions asked about whether or not the risk appetite is going to hold up, or if it is going to continue to dwindle.
The Australian dollar continues to go back and forth as we are trying to sort out which way the risk appetite is going. Keep in mind that the Australian dollar is highly levered to commodities and Asia, and as such will be highly levered to risk-taking. On the other side
The Aussie dollar continues to chop back and forth as we are trying to determine what’s going on in Asia, the commodity markets, risk appetite, and perhaps even geopolitics. Keep in mind that the Australian dollar is considered to be a “risk on currency”, while the US dollar is considered