Market Research: AUD

Source: Dukascopy Bank SA
There were no united movements among different currencies during the observed period. On one hand, the Aussie ended the week substantially above the base value, and it was accompanied by USD, GBP and JPY gauges. On the other hand, the Kiwi resumed depreciating and fell 1.59% in five trading days. Additionally on the downside, the Canadian Dollar, Swedish Krona and Euro managed to limit their losses up to 1%. The New Zealand currency showed a rapid descent at the back of pessimistic fundamentals, including business confidence and labour market.

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