AUDUSD rebound pauses around 0.7150 with eyes on China inflation, Fed Minutes
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.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
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 »
Technical Analysis: GALA Climbs 16%, Qtum Leads Tuesday's Bulls – Market Updates Bitcoin NewsGALA and QTUM were some of Tuesday’s big gainers, as cryptocurrency markets were once again trending upwards.
Read more »
Olympics News & Videos - ABC NewsAmerican bobsled athletes BobsledKaillie and eamslider24 took gold and silver respectively in the first ever monobob competition. Plus, speed skater ErinJackson480 makes history as the first Black woman to medal in the sport. Beijing2022
Read more »
Technical Analysis: MINA Monday’s Big Gainer, CRO Lower Despite Crypto.com's LeBron Ad – Market Updates Bitcoin NewsIn what has been a volatile day of trading, MINA is one of the biggest gainers in crypto to start the week.
Read more »
DA charges man who allegedly killed KTVU news director Fred Zehnder in DUI crashMichael Williams, 31, was charged with manslaughter and drunk driving for allegedly running over retired KTVU news director Fred Zehnder.
Read more »
A Utahn is delivering pop-culture news to millions, six minutes at a timeUtah's Madison Murphy is delivering pop-culture news to millions, six minutes at a time, on E!'s Snapchat show 'The Rundown.'
Read more »