Aussie exchange rate movements on trade today (04/02) of experience in the positive territory. Aussie dollar moves against the U.S. increased after the Australian government issued a fiscal stimulus package worth 42 billion aussie equivalent to 26.5 billion U.S. dollars. This stimulus package to persuade the perpetrators that the decline in market interest rates will not be too drastic in the coming years. RBA decided yesterday to lower the interest rate of 100 bps.
At the opening of trading in the forex exchange aussie Australia today is in the level of 0.6527/31 dollars. Position aussie day experience an improvement of 2.7% compared to the position of closing the trade at the level of 0.6358/62 dollars. On trade in the U.S. stock exchange night before moving on aussie range 0.6339 - 0.6536 dollars.
Aussie movement is also quite in line with the steady increase to its stock exchange on Wall Street to its closure early trading today. Risk appetite increased after the Fed announced a loan facility will extend daruratnya for six months.
Research from analyst Vibiz Consulting Vibiz rate movements that aussie on the day this will tend to survive in its bullish trend. Aussie will remain stable even if moving the data to be released this week on retail sales showed a decline. Aussie will be in the range of movement 0.6360 - 0.6650 dollars.
At the opening of trading in the forex exchange aussie Australia today is in the level of 0.6527/31 dollars. Position aussie day experience an improvement of 2.7% compared to the position of closing the trade at the level of 0.6358/62 dollars. On trade in the U.S. stock exchange night before moving on aussie range 0.6339 - 0.6536 dollars.
Aussie movement is also quite in line with the steady increase to its stock exchange on Wall Street to its closure early trading today. Risk appetite increased after the Fed announced a loan facility will extend daruratnya for six months.
Research from analyst Vibiz Consulting Vibiz rate movements that aussie on the day this will tend to survive in its bullish trend. Aussie will remain stable even if moving the data to be released this week on retail sales showed a decline. Aussie will be in the range of movement 0.6360 - 0.6650 dollars.
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