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weekly analysis

Weekly Forex Wrap Up: 22/01, 2016

AUDUSD (0.70): The Australian Dollar is up nearly 2.18% for the week in a late-week rally. Prices were initially weaker with AUDUSD testing the lows near 0.682 on risk aversion sentiment which kept the commodity risk asset weaker. Economic… Read More

Weekly Forex Wrap Up: 15/01, 2016

AUDUSD (0.68): The Australian Dollar was significantly under pressure this week on concerns from China and a general risk off sentiment. The Aussie fell -1.20% during the week as prices touched a 5-year low this week at 0.686. The declines… Read More

Weekly Forex Wrap Up: 08/01, 2016

AUDUSD (0.70): The Australian Dollar is down -3.91% for the week, as the currency is trading near 0.70, weekly low. The Australian Dollar remained weak since the start of the week falling steadily as China rattled the markets. Commodity… Read More

Weekly Forex Wrap Up: 01/01, 2016

AUDUSD (0.72): The Australian dollar is into its second week of gains, closing the week with 0.30% gains to the US Dollar. Prices touched a weekly high of 0.7372 before pulling back to close the week at 0.7294. Data from Australia this week… Read More