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This Tuesday two important data sets are coming out in Australia – international trade balance and interest rate decision by RBA. Both might potentially define the exchange rate dynamics of AUD for the rest of August.
It is not very difficult to predict with great degree of confidence what the rate decision will be – the rate interests will remain the same, while accompanying rhetoric might be intent to forestall the further appreciation of AUD against its counterparts. This task will not be ha…
It is not very difficult to predict with great degree of confidence what the rate decision will be – the rate interests will remain the same, while accompanying rhetoric might be intent to forestall the further appreciation of AUD against its counterparts. This task will not be ha…