Australian Dollar is close to five-month high on governor comments

Note: This section contains information in English only.
Source: Bloomberg
The Australian Dollar, also known as the Aussie, was traded at $1.0386 in the end of Sydney trading session on Tuesday. The Aussie was 0.3% lower than a five-month high, as central bank governor supported a higher exchange and saving levels, saying that would help to stabilize the domestic economy and contain a current inflation rate. Therefore, it might be expected to see the interest rate unchanged in April and a positive signal for buying the currency, as analysts say.

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.
Chcete-li se dozvědět více o platformě Dukascopy Bank CFD / Forex, SWFX a dalších souvisejících obchodních informacích, prosím, zavolejte nám, nebo vám můžeme zavolat my.
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.