The Euro Zone continues to face economic challenges, weighing down on the euro currency. US Non-Farm Payroll gave relief but the situation remains volatile.
AUD/USD Forecast
334 posts
As the European Central Bank and US Federal Reserve conduct quantitative easing measures, analysts and traders are pricing the impact on the currencies.
China's economy seems to be recovering and continues to push up the AUD for now. The US employment climate continues to deteriorate.
China's economy seems to be recovering and this pushes up the AUD. US stocks continue to rally but analysts warn of a bull trap. This may affect the USD.
The Chinese economy seems poised for a recovery and pushes up the AUD. US equities rally as the US Federal Reserve launches new support measures.
The US Unemployment Claims and US NFP shocked. Risk aversion is high leading to an increased demand for safe haven assets such as gold.