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Aussie Dollar: Exploring the Bullish Seasonal Dynamics of the Aussie Dollar and Western Australia's Harvest Cycle

From barchart.com

While countries struggle with Central Bank indecisions on interest rates, the harvest season in Australia is predictable. Australia boasts a robust commodity base, frequently called a commodity currency. Commodities account for a large share of Australia's exports, so movements in commodity prices result in movements in export prices. Exports lead to currency conversions to purchase these commodities, leading to a bullish seasonal pattern for the Aussie Dollar as the harvest season begins. Australia's Harvest Season The Aussie Dollar's seasonal low, which historically occurs in November-December, is relatively ... (full story)

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  • Category: Fundamental Analysis