Currencies  |  26.3.2013 20:37:51

Australian dollar go towards profits at the expense of the U.S.

After much worse macroeconomic data from the United States than the market expected the U.S. dollar currency pair fell to the Australian dollar. This goes on for more than a month-long bull trend on this pair. After getting the RBA Governor Australian dollar managed to gain the all pairs. The pair with the euro AUD situation is slightly worse. There euro managed all day to keep a constant level and the decline of the euro is "only" 30 pips.

Tomorrow will be published in the Australian Financial Stability Report and the United States will come in the afternoon additional data that may be in the same vein as today's. That would not help the U.S. dollar. I refer to the sale of existing homes, new construction permits and stocks of gasoline, oil and distillates.On Thursday, the bank in Australia starts off.

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