The U.S. dollar held lower on Thursday after the release of the Federal Reserve minutes.» Read More
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Hot money flows into the Australian dollar, which got a further boost on Thursday from a surprise increase in job numbers for July, has some market watchers questioning whether the currency’s rise is out of “whack” with economic fundamentals. But one strategist argues that the Aussie’s performance is not surprising from past trends.
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The euro rides on hope for crisis help, and Australia stays put on rates — it's time for your FX Fix.
This strategist sees a promising trade with the Australian and New Zealand dollars.
Release of Chinese data is always a big risk event for Aussie assets and this week is no different, with a slew of data due from the world’s second-largest economy on Thursday. But experts say unless the data miss targets by a significant margin, the appetite for assets such as the Aussie dollar and bonds will remain strong.