Australian Dollar Price Forecast: Up, up, up, you go
The Aussie Dollar extends its multi-week recovery, finally approaching the key 0.7200 barrier against the US Dollar.

The Aussie Dollar extends its multi-week recovery, finally approaching the key 0.7200 barrier against the US Dollar.
The Oil market may look calmer than it did a few months ago, but diesel is sending a very different message.
Gold is making another run to retest 15-week highs of $4,697 early Thursday. Gold traders are taking advantage of an upbeat mood-led US Dollar (USD) retreat, looking past hot US core Personal Consumption Expenditures (PCE) Price Index data for July.
The Jensen Huang-helmed Nvidia (NVDA) delivered its second-quarter earnings print with its stock roughly 11% beneath the peak it set in May and around 8% beneath where it traded in mid-August, on the day it told the market it would stand behind up to $105 billion of a single customer’s rent.
Gold is heading back toward the fresh 15-week highs of $4,697 in Wednesday’s Asian trades, reversing a brief dip below the $4,650 level.
On September 8, Canada begins charging its own importers 15%, 25% and 50% on roughly 700 lines of American goods. The measure is billed as dollar for dollar, and on the arithmetic of covered trade it is. What it is not is a tax on the United States.