AUD Weekly Review January 21 ~ 25

A mixed week for the AUD when negative news of mortgage rate pulls down, a weaker USD give slight relief to Aussie close at 0.71812.

As the week starts and continue with bearish sentiment, Friday DXY dip below its strong support level of 96.00, sees AUD raise 1.24%. Correcting Aussie's downtrend upto 0.21%

Earlier on Thursday despite positive Job Report, National Australia Bank (NAB) increase standard variable mortgage rate pull back AUD to 0.7080 level.

Finally weaker greenback gives the Aussie little benefit of 0.00147.


This week January 21 ~ 25
  Open: 0.71665
  High: 0.71853
  Low: 0.70762
  Close: 0.71812
Swing: +0.00147 (+0.21%)


AUD USD Hourly Chart week ending January 25th 2019
AUD USD 1 hour chart Jan 21 ~ 25

No comments:

Post a Comment