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31 Mar 2014
AUD/USD recovers to 0.9250
FXStreet (Córdoba) - The AUD/USD opened the week lower, trading at 0.9235 but then bounced to the upside, rising toward Friday’s closing price at 0.9250, filling the downside gap. Last week the pair posted the highest weekly close since November 2013.
Price continues near last week highs and to the 0.9300 mark, holding a bullish tone ahead of key economic data and events that will likely affect the AUD/USD in the coming days.
Among the most important events, on Tuesday the RBA will announce it decision on monetary policy and on Friday employment numbers in the US will be known. No change in interest rates is expected in Australia while expectations for Non Farm Payrolls are around 170-200K.
Price continues near last week highs and to the 0.9300 mark, holding a bullish tone ahead of key economic data and events that will likely affect the AUD/USD in the coming days.
Among the most important events, on Tuesday the RBA will announce it decision on monetary policy and on Friday employment numbers in the US will be known. No change in interest rates is expected in Australia while expectations for Non Farm Payrolls are around 170-200K.