Blogotariat

Oz Blog News Commentary

Australian dollar breakout!

July 17, 2017 - 00:20 -- Admin

And how. The Aussie flew Friday night to new closing highs against USD, breaking out of its ascending triangle pattern and pointing to more ahead: The primary driver was weak US inflation (chart from Calculated Risk): According to the Federal Reserve Bank of Cleveland, the median Consumer Price Index rose 0.1% (1.1% annualized rate) in

The post Australian dollar breakout! appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]