Aussie drops to a fresh 5.5-year low after Fed and ABS data

Source: Investing.com
© Scanpix/AFP
The Aussie declined to a 5.5-year low versus the greenback amid the Fed statement and poor import prices data in Australia. AUD/USD hit the lowest level of 0.7854 since 2009 after the Australian Bureau of Statistics stated that prices on import added 0.9% in the last three months, barely more than a half of the 1.5% expectation. In the meantime, the US Dollar gained ground after the Fed said that interest rates will not be raised until mid-summer. The Australian Dollar also lost versus the Euro, with EUR/AUD edging up 0.18% to 1.4338.
Back to articles

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.