AUDUSD bulls pause around 0.7200 with eyes on Australia employment data
MOST INFLUENTIAL POLITICAL EVENTS IN 2022 FOR AUDUSD
The 2020 post-pandemic recovery seen in the currency pair lost legs in 2021, undermined by the dovish stance from the Reserve Bank of Australia and a pause in the commodity ‘Supercycle’. A shift in the gear by the RBA and an improving economic performance, however, pose upside risks for the aussie in 2022.AUDUSD, The 'Aussie'
The AUDUSD pair, also called the “Aussie”, tells the trader how many US dollars are needed to purchase one Australian dollar . This currency pair is also known as the"Aussie". Together with the New Zealand Dollar and the Canadian Dollar, the AUD is a, that is a currency whose country's exports are largely comprised of raw materials .
The interest rates set by the Reserve Bank of Australia have been among the highest of industrialized countries and the relatively high liquidity of the AUD has made it an attractive tool forlooking for a currency with the highest yields. These factors made the AUD very popular among currency traders.Australia is a big exporter to China and its economy and currency reflect any change in the situation in that country.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
AUDUSD Forecast, News and Analysis - FXStreetCheck our updated for AUDUSD News including real time updates, forecast, technical analysis and the economic latest events from the best source of Forex News.
Read more »
USDJPY Forecast, News and Analysis - FXStreetCheck our updated for USDJPY News including real time updates, forecast, technical analysis and the economic latest events from the best source of Forex News.
Read more »
US Dollar Index Forecast, News and Analysis - FXStreetCheck our updated News for US Dollar Index including real time updates, technical analysis forecast and the economic latest events from the best source of Forex trusted News.
Read more »
USDCAD Forecast, News and Analysis - FXStreetCheck our updated for USDCAD News including real time updates, forecast, technical analysis and the economic latest events from the best source of Forex News.
Read more »
AMC Entertainment Stock News and Forecast: Is it time to jump back into AMC stock?AMC Entertainment (AMC) is back and trending heavily on social media this morning after an impressive surge on Tuesday. The meme stock favorite closed
Read more »
NZDUSD News and Forecast - FXStreetCheck our updated for NZDUSD News including real time updates, technical analysis and the economic latest events from the best source of Forex News.
Read more »