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AUD Daily Review August 11, 2019

AUD Daily Review for August 11, 2019

AUD/USD, AUD/JPY May See 2009 Lows if China Retaliates US Tariffs

The AUD/USD, AUD/JPY may reach 2009 lows as US President Donald Trump gave the green light for more tariffs against China. Retaliation may sink the Australian Dollar as the Yen gains.


AUD/USD drops to multi-month lows below 0.68 as focus shifts to US employment data

The AUD/USD pair suffered heavy losses on Thursday and closed the 12th straight day in the negative territory as the Aussie came under strong bearish


Yuan Fixing Game & Saudi Oil Cut Won’t Work; Gold Speculators Not Ready To Sell

The current relief rally for the global stocks is triggered due to the optimism that the currency war may not see the daylight. However, speculators aren’t convinced for a number of reasons and ready to draw more blood


FX Week Ahead – Top 5 Events: July Australia Jobs Report & AUD/USD Rate Forecast

The July Australia jobs report (employment change and unemployment rate) is due on Thursday, August 15 at 01:30 GMT, and consensus forecasts are looking for the jobs expansion to hit 12 consecutive months.


AUD Braces for Escalating Trade War Tensions, Employment Data

The Australian Dollar may face increased selling pressure if local jobs data disappoints against the backdrop escalating tensions in the US-China trade war.


AUD/USD technical analysis: Aussie challenging the daily lows, sub-0.6800 figure


AUD/USD retreats modestly below 0.6800, holds far from decade lows

The AUD/USD pair continues to move sideways on Friday, and also it is about to end the week unchanged after being able to recover from decade lows. Si



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USD/JPY and AUD/USD Forecast August 12, 2019

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USD/JPY and AUD/USD Forecast August 9, 2019

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