Australian, it seems, once again felt the strength after washing earlier in the week. And now it is trading at 0.9875, which is not too far from the new Dvadtsatisemiletny maximum. The renewed weakness of the dollar, the growing belief that the Fed will take the new QE in the next month, a healthy consumer confidence, booming in China, the rising Asian stocks and the widening differential in interest rates provide an additional impetus to the Australian. In addition, the Australian dollar is one of the base currency, which prefer to managers of foreign exchange reserves, as currently they are trying to reduce the amount of the sinking dollar. Parity is not so far away now, as well as some longs were closed earlier this week, possibly, their prospects of achieving this time a little higher.
Translate this page
