Aussie reaches its highest in two weeks

Note: This section contains information in English only.
Source: Bloomberg
The Australian dollar appreciated as annual inflation rate grew at its fastest in four years. Aussie rose 0.2% against 16 other major currencies due to yearly trimmed mean inflation rising to 2.9%, with the AUD/USD hitting the highest in two weeks. Overall, for the week the Australian dollar's index performed the best out of the ten developed nation currency indexes – strengthening by 0.9%.
Back to articles

Actual Topics

Wed, 23 Jul 2014 08:26:09 GMT

Australia's trimmed mean CPI rises

Australia's consumer prices rose more than expected during the previous quarter. The trimmed mean measure inched higher 0.8% from the last quarter, opposed to the forecast of 0.6%. Paul Bloxham stated that depreciating the currency will not be easy as it is more difficult for the RBA to lower interest rates when their main target is inflation.

Wed, 23 Jul 2014 08:04:19 GMT

China lacks stimulus to achieve growth target

China struggles to stimulate the economy so far to reach its growth target of 7.5%. The economists believe China still has to raise stimulus to achieve the 2014 expansion target, even though growth accelerated in the second quarter. The world's second largest economy gained around 7.5% in the second quarter, together with the gains from the prior period indicating the annual rate of 8.2%.

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (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.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (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.