Aussie Dollar Market Today



Aussie dollar which got a strong foothold on trading day Wednesday (6/04) trim loss the previous trade, entered the trade Asian session trying to rally. But this morning the effort a bit terganjal by economic data releases from AIG for the performance of the State's infrastructure Australia declining from the previous period.



The strengthening of trade yesterday got a strong effort from the sentiments of the Chinese economic data releases mantapnya for the performance of the service sector of the country in the month of March, crude oil price and strengthening by the Fed's March meeting of the treatise are pressing the u.s. dollar. The above sentiments have made the aussie managed to climb up to 0.6 percent.

As information, the release of data concerning China's economic condition always affects the movement of the exchange rate of the country's economy due to the Aussie's second largest world is Australia's main trading partners particularly its flagship commodity importers.

The exchange rate movement of the aussie in the Asian session (01:30:35 GMT) moved up against the u.s. dollar, after opening stronger in early trading at 0.7596 (00.00 GMT), aussie rates go up 8 pips or 0.1% and scrolling values are at 0.7604.

For the next trade until the closure of the trading session ended America tomorrow morning, analyst Vibiz Research Center estimated the pair AUDUSD will continue torise to the position of resistant 0.7633-0.7680.
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