1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

AUD/USD: pressured still on oil falling to new lows - FXStreet

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 11, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Joined:
    Oct 7, 2015
    Messages:
    27,524
    Likes Received:
    0
    FXStreet (Guatemala) - Valeria Bednarik, chief analyst at FXStreet explained that the Aussie enjoyed some intraday demand against its American rival, and the AUD/USD pair advanced up to 0.7035, despite the ongoing risk environment, trimming.

    Key Quotes:

    "However, most of its daily gains in the American afternoon. Trading below the 0.7000 level, the Australian currency is being weighed by plummeting oil prices, with WTI futures posting fresh lows around $31.00 a barrel in the New York Comex."
    For more information, read our latest forex news.
     

Share This Page