Market Research: AUD

Source: Dukascopy Bank SA
The Australian currency performed in a fairly positive trend during the period ended March 17. This currency has not only hovered above the main baseline for the vast part of last week, but also used to be the second-best performer during Thursday and Friday, giving a lead only to the New Zealand Dollar. However, a slight downward change towards the end of the period allowed the Greenback and Japanese Yen to outperform the Aussie. The Australian Dollar itself rose 0.51% from Wednesday till Tuesday. The most substantial gain was posted by AUD/GBP cross which surged 1.91% in course of the previous trading week.

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