The Aussie is still underperforming...
Prior chart:
The Aussie is still underperforming, but some way off overnight lows vs the Pound within a 1.8150-1.8200 range in wake of trade data revealing a 1% fall in exports due mainly to iron ore, though the partial recovery is mainly down to another pull-back in its US counterpart rather than anything else.
However, retail sales were not quite as weak as forecast and some are touting a hawkish shift from the RBA next week given tangible evidence of a rapid recovery in the domestic economy via the labour market and booming building permits.
Non Farm Payrolls out tomorrow so trade safe!
The Aussie is still underperforming, but some way off overnight lows vs the Pound within a 1.8150-1.8200 range in wake of trade data revealing a 1% fall in exports due mainly to iron ore, though the partial recovery is mainly down to another pull-back in its US counterpart rather than anything else.
However, retail sales were not quite as weak as forecast and some are touting a hawkish shift from the RBA next week given tangible evidence of a rapid recovery in the domestic economy via the labour market and booming building permits.
Non Farm Payrolls out tomorrow so trade safe!
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.