Despite the fact that many "analysts" say that AUD/USD owes its uptrend to the good Australian economic outlook, it was mainly the last month's euro rally that made it bounce back at the .92 level. Second day of euro weakness and AUD/USD has already lost 1.5 cent.
In any case, it couldn't be different as AUD is a growth currency and it is the global market trend that it mainly follows. And markets have only partially recovered from the May/June big losses.
Are these "analysts" out there trying to manipulate traders?
In any case, it couldn't be different as AUD is a growth currency and it is the global market trend that it mainly follows. And markets have only partially recovered from the May/June big losses.
Are these "analysts" out there trying to manipulate traders?