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Aussie Under Pressure After S&P Credit Rating Cut

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jul 7, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Australian dollar is showing little movement on Thursday, following strong gains in the Wednesday session. AUD/USD is trading slightly above the 0.75 line. In economic news, Australia's credit rating was downgraded by Standard & Poor's. The AIG Construction Index showed little change, posting a reading of 53.2 points. Over[​IMG]

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