Trade n Trend

Home » Australian Dollar » AUD/USD boosted by FOMC statement

AUD/USD boosted by FOMC statement

The AUD/USD Spot is gaining around two cents since yesterday’s lows in the boundaries of 0.7400 the figure, propped up by the dovish views exposed by the Federal Reserve at its meeting yesterday.

Data wise in Oz

The jobless rate has ticked lower to 5.8% largely due a drop in the participation rate, while the Employment Change has increased less than previously estimated during February.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: