Showing posts with label Forex. Australia. Inflation. Show all posts
Showing posts with label Forex. Australia. Inflation. Show all posts

Saturday, 31 May 2014

AUD/USD Analysis 31/5/2014

Australian dollar technically is trading in range of 92-94 US cents.Fundamentally speaking  Inflation in Australia increased from 2.7 to 2.9% in 1st quarter of this year, due to increase in inflation rate i forecast Aussie to stay in range or break range on upside.