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AUD/USD hit hard but Aussie up against very weak GBP and steady against Kiwi Dollar

20 April, 2018

Thursday was a far more interesting day for the Australian Dollar than the whole of the previous three days of the week. AUD/USD initially fell after a soft-ish labour market report, surged back on to a US 78 cents ‘big figure’ then tumbled to 0.7720 as the US Dollar caught a huge bid on the back of rising US bond yields. In the terminology of technical analysis, it was a classic “key day reversal” with a higher high, lower ...


The OFX Currency Corner - 17 April 2018

Corporate Dealer Matt Richardson reviews the events of last week and focuses on the key events governing direction in the week ahead.

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