USD Trading Outlook (30-04-2015)

AUD/USD
Consolidation of gains persisted in Europe’s morning, NY opens ~0.7985
Bulls take control early, USD weakness emerges & commodities rally
US GDP miss aids pairs lift to new trend high of 0.8077
Action settles pre-Fed, slightly hawkish tip slips AUD/USD toward 0.8010
Fed message doesn’t deter USD bears, pair lifts ~0.8050 late in day
Monthly RSI and AU-US yield spreads suggest higher level ahead

Back to USD 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.