According to analysts Barclays Capital, this week, several events could have a significant impact on the Australian dollar. On Friday, the RBA Governor Stevens will speak in the parliament with the semi-annual report. The bank expects that, in general, his speech would not be surprising, except for a possible refutation of the idea of an early rate increase, which could have a negative pressure on the Australian currency. In addition, this week, China publishes a number of reports that can support the Australian dollar. And, of course, much will depend on the reaction of the U.S. dollar at the meeting FOMC. At Barclays Capital noted that the recent Australian dollar was the most benefit (compared with other currencies of the Group of Ten) by weakening the dollar. Now a pair AUD / USD traded at around 0.8403.
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