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

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