Speculators Abandon Their Bearish Posts Against the Australian Dollar
Policy divergence has officially begun, yet markets face the interesting possibility of an Australian dollar (FXA) that refuses to weaken further against the U.S. dollar for now. Source: FreeStockCharts.com The above chart shows that the Australian dollar weakened for just one full day in the wake of the rate hike from the Federal Reserve. AUD/USD … Read more