AUD has a very strong basis. The base interest rate is one of the highest rates among the currencies. In fundamental terms it has the potential for positive carrier trades with a very steady and stable monetary policy. Also it has a very transparent environment in economics with the minimum fraud reports.
But there is still one question and that is:
Why AUD doesn't act instantaneous with US index in the pair of AUD/USD?
It has a very boring delay in response to US index but finally is consistent with it.
Anybody have Idea about this event?
But there is still one question and that is:
Why AUD doesn't act instantaneous with US index in the pair of AUD/USD?
It has a very boring delay in response to US index but finally is consistent with it.
Anybody have Idea about this event?