AUD/USD Price Forecast: Sets for volatility expansion
The post AUD/USD Price Forecast: Sets for volatility expansion appeared on BitcoinEthereumNews.com. AUD/USD rises at the expense of the US Dollar, which is down due to the US credit rating downgrade. US Republicans didn’t pass President Trump’s new tax bill. The RBA lowered its OCR by 25 bps to 3.85% and kept hopes of more interest rate cuts on the table. The AUD/USD pair moves higher to near 0.6460 during European trading hours on Wednesday. The Aussie pair gains as the US Dollar (USD) continues to underperform its peers on the back of the United States (US) Sovereign Credit rating erosion. The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, slides to near 99.50, the lowest level seen in two weeks. US Dollar PRICE Today The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the British Pound. USD EUR GBP JPY CAD AUD NZD CHF USD -0.51% -0.15% -0.59% -0.27% -0.36% -0.29% -0.52% EUR 0.51% 0.36% -0.11% 0.22% 0.18% 0.23% -0.01% GBP 0.15% -0.36% -0.44% -0.12% -0.16% -0.12% -0.38% JPY 0.59% 0.11% 0.44% 0.31% 0.25% 0.31% 0.07% CAD 0.27% -0.22% 0.12% -0.31% -0.08% 0.00% -0.26% AUD 0.36% -0.18% 0.16% -0.25% 0.08% 0.06% -0.19% NZD 0.29% -0.23% 0.12% -0.31% -0.01% -0.06% -0.25% CHF 0.52% 0.00% 0.38% -0.07% 0.26% 0.19% 0.25% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote). On Friday, Moody’s downgraded the US long-term issuer rating by one notch to Aa1 from Aaa amid concerns over a large…
The post AUD/USD Price Forecast: Sets for volatility expansion appeared on BitcoinEthereumNews.com.
AUD/USD rises at the expense of the US Dollar, which is down due to the US credit rating downgrade. US Republicans didn’t pass President Trump’s new tax bill. The RBA lowered its OCR by 25 bps to 3.85% and kept hopes of more interest rate cuts on the table. The AUD/USD pair moves higher to near 0.6460 during European trading hours on Wednesday. The Aussie pair gains as the US Dollar (USD) continues to underperform its peers on the back of the United States (US) Sovereign Credit rating erosion. The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, slides to near 99.50, the lowest level seen in two weeks. US Dollar PRICE Today The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the British Pound. USD EUR GBP JPY CAD AUD NZD CHF USD -0.51% -0.15% -0.59% -0.27% -0.36% -0.29% -0.52% EUR 0.51% 0.36% -0.11% 0.22% 0.18% 0.23% -0.01% GBP 0.15% -0.36% -0.44% -0.12% -0.16% -0.12% -0.38% JPY 0.59% 0.11% 0.44% 0.31% 0.25% 0.31% 0.07% CAD 0.27% -0.22% 0.12% -0.31% -0.08% 0.00% -0.26% AUD 0.36% -0.18% 0.16% -0.25% 0.08% 0.06% -0.19% NZD 0.29% -0.23% 0.12% -0.31% -0.01% -0.06% -0.25% CHF 0.52% 0.00% 0.38% -0.07% 0.26% 0.19% 0.25% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote). On Friday, Moody’s downgraded the US long-term issuer rating by one notch to Aa1 from Aaa amid concerns over a large…
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