Only English comments will be allowed. Christopher Lewis has been trading Forex for several years. But downside should be contained by Deeper decline would be seen back to retest 0. There is prospect of resuming long term down trend from 1. UoM Consumer Sentiment Survey surges past estimates.
aud/usd The Aussie is a currency that has become a favored vehicle of traders in recent years. After a multi-decade commodity boom brought the Australian Dollar to all-time highs against the US Dollar, traders were often attracted by the interest rate differential in the pairing.
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Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again. Thanks for your comment. Please note that all comments are pending until approved by our moderators. Will the pair challenge the round 0. While the US did not announce the immediate implementation of new tariffs on China, President Trump already said new ones are in the works.
A slowdown in the Chinese economy and in global growth threatens the Australian economy. In the meantime, the data was mostly positive with GDP rising by 0. On the other hand, retail sales disappointed by remaining flat in July.
The round number of 0. Below, we are back to levels last seen in January The path of trade wars taken by Trump is unlikely to change, at least until the mid-term elections in November.
AUD/USD Forecast Sep. – The downfall continues, key data, trade eyed By Yohay Elam on Sep 6, The Australian dollar tumbled on as fear over trade gripped markets. AUD/USD and NZD/USD Fundamental Daily Forecast – Narrowing of Trade Surplus Weighing on Australian Dollar The Australian and New Zealand Dollars are trading lower early Thursday. The Aussie is showing no reaction to positive economic data. AUD/USD Forecast. Charts, Outlook, Current Trading Positions and Technical Analysis on AUD/USD for Today, this Week, this Month and this Quarter. Professional Predictions from our Forex Experts.