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The AUD in February 2023
AUD performance in February was an almost exact mirror image of January. Hence after January saw AUD/USD trade from an early-month low of 0.6688 to a late month high of 0.7142, February witnessed a (2 Feb) high of 0.7158 giving way to a (27 Feb) monthly low of 0.6698. This 4.6 cent intra-month range very slightly exceeded the January range (4.5c) marking the second successive month of well above average volatility (3.15c in the post-float era), confirming an ongoing high-volatility environment thus far in 2023. Australia-specific influence in the AUD last month were small, overwhelmed by a succession of upside US ... (full story)
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From bnnbloomberg.ca|Feb 28, 2023China’s manufacturing activity recorded its highest monthly improvement in more than a decade in February as factories reopened after the Lunar New Year holiday, giving more ...
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- Posted: Feb 28, 2023 10:15pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 630
