AUD Trading Outlook (01-02-2013)

Australian Dollar (AUD) the AUD continued to underperform overnight with selling once again selling into a small rally inspired by strong AUD/JPY buying and EUR/USD moves higher. The main reason for the underperformance has been strong cross buying on the EUR/AUD and GBP/AUD which have been enjoying solid gains this week. EUR/AUD hit 1.3100 and up from1.2400 at the start of January. Update Q4 PPI at 0.2% vs. 0.6% previously q/q.

Back to AUD Trading Outlook Archive

join THOUSANDS OF other people
who trade with easymarkets

Two minutes is all it takes.

You're almost there!

Finish your application and start trading today.

DON'T MISS A TRADING OPPORTUNITY

Two minutes is all it takes.