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The Australian dollar has gone back and forth during the week, in what can be described as choppy trading at best. This makes sense, as we have the Americans and Chinese discussing trade.
The Australian dollar broke out during the trading week, reaching towards the 0.6975 handle. This is a market that will be testing the crucial 0.70 level, but I think we get a pullback in order to ...
The Australian dollar rallied during the week, breaking above the 0.65 level, before pulling back. By forming a rather exhaustive looking candlestick, that could cause some issues going forward.
The Australian dollar has gone back and forth during the course of the week to essentially forming a neutral candlestick. This is indicative of exactly how this pair has been behaving for some time.
The Australian dollar has rallied rather significantly against the US dollar during trading on Friday, slicing above the 0.74 level. Because of this, I think that we are going to continue to see ...
The Aussie dollar pulled back slightly during early trading on Thursday but continues to find a bit of support at the 50 day EMA. However, I think that longer-term forces are going to come into ...
For example, the purchasing power of the US dollar relative to that of the euro is the dollar price of a euro (dollars per euro) times the euro price of one unit of the market basket (euros/goods unit) divided by the dollar price of the market basket (dollars per goods unit), and hence is dimensionless. This is the exchange rate (expressed as ...
The Australian dollar got hit on Tuesday, with more volatility in the markets overall. Furthermore, Jerome Powell is speaking for the next couple of days. AUD/USD Price Forecast – Australian ...