US monetary policy boosted demand for AUD

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 4, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Australian Dollar Highlights US monetary policy boosted demand for AUD Australian economy adjusting well to lower commodity prices Sterling - Australian Dollar (GBPAUD) FX Technical Analysis The uptrend in GBPAUD gave way in February and there was always the risk that if it did, it would be followed by a sizeable fall which is where it finds itself in through March. The Pound is struggling against all currencies other than the USD (which has weakened on dovish US monetary policy) and looking

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