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Fundamental Australian Dollar Forecast: Bearish Australian Dollar Talking Points: AUD/USD failed to make new lows despite gloomy newsflow Perhaps some investors think it has suffered enough The RBA appears not to agree however, and further falls look likely Find out what retail foreign exchange traders make of the Australian Dollar’s prospects right now, in real
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“Money managers decided to aggressively cut their longs and build new short exposure, after it became apparent that the Fed intends to continue to target modestly restrictive monetary policy amid a tight labor market,” point out TD Securities analysts. Key quotes “A firm USD, weakening CNY and higher yields across the curve were very important
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do