There's a risk of weakness in the Australian dollar in the next couple of days. Any decline in commodity prices is bearish for the Australian dollar.
There's a risk of weakness in the Australian dollar in the next couple of days, ... Any decline in commodity prices is bearish for the Australian dollar.
Given the strength of the metals markets it looks like the Australian dollar will be in for a good couple of days.
There is a good deal of underlying momentum in the U.S. economy, which is probably underestimated by the market. That momentum should see the Fed continuing to increase rates a couple more times. Dollar-yen remains very much an indicator of both yield differentials.