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APAC Currency Corner – Will NFP Provide The Magic Bullet For The US Dollar?

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jun 3, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Following up on Wednesday's unexpectedly strong Q1 GDP report, Australia printed a much narrower-than-expected trade deficit of AUD1.6bn in April – the smallest in 14 months. But surprisingly the data failed to inspire. The Aussie dollar has had a difficult time this week capitalising on strong domestic data. Instead, traders[​IMG]

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