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AUD/USD Forecast: Further range bound appears on the cards - Vimarsana News

AUD/USD Forecast: Further range bound appears on the cards

The Australian dollar resumed the upward trend following a negative start to the week, prompting AUD/USD to chart humble gains around the mid-0.6500s The slight uptick in AUD/USD occurred despite the equally marginal advance in the Greenback, as well as the continuation of the intense sell-off in iron ore prices, which reached multi-month lows near the $126.00 yardstick in response to increasing inventories and heightened uncertainty surrounding the Chinese housing market.

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Federal ReserveReserve Bank
US Dollar stands flat following mid-tier data, GDP revisions next in line - Vimarsana News

US Dollar stands flat following mid-tier data, GDP revisions next in line

The US Dollar Index (DXY) is currently trading neutrally near the 103.80 mark.

AUD/USD aims higher amid upbeat mood, mixed US data - Vimarsana News

AUD/USD aims higher amid upbeat mood, mixed US data

The Aussie Dollar registers minuscule gains against the US Dollar as Friday’s Asia session begins.

PBoC sets USD/CNY reference rate at 7.1064 vs. 7.1018 previous - Vimarsana News

PBoC sets USD/CNY reference rate at 7.1064 vs. 7.1018 previous

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Friday at 7.1064 as compared to the previous day's fix of 7.1018 and 7.2008 Reuters estimates.

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People Bank
What happened Friday - Vimarsana News

What happened Friday

A review of things you need to know before you sign off on Friday; no retail rate changes, awful retail trade results, FHB affordability improves, WIA borrows big, swaps up, NZD firm, & more

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David ChastonTerm Deposits