The Traderszone Network

Published in TZ Latest News 31 July, 2017 by The TZ Newswire Staff

AUDUSD posts session lows as RBA says rising AUD weighs on economic outlook

RBA statement having its impact on AUD prices 1 August
– rising A$ would slow economy
– recent rise in A$ weighing on economic outlook for output and employment
Lows of 0.7996 but already bouncing to post 0.8026 with a few buyers laying in wait expecting some negative vibes in the statement