AUD/USD Transfer

ByDragana My Engine Lab

The Australian Dollar has been under pressure over the last week, slipping back to 0.6400, but regained 0.6450 by Friday. The US Trade Court intervention, has boosted Countries and currencies, that do not have a FTA with the USA. The appeal will be swift, so any currency gains, may be short-lived. Inflation is showing green shoots in the Australian economy which is a worry for the RBA.

The current interbank midrate is: AUDUSD .6445
The interbank range this week has been: AUDUSD .6405 – .6525

 

 

 

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