AUD/USD The pair continued to rise hitting a new weekly high of 0.6679, but pulled back to 0.6600. Australia released the Q1 Construction Work Done, bringing in better than expected printing at -1.0%. As the Aussie is a heavily linked to commidity prices, Golds drop below 1,700 level impacted the currency and will continue to add pressure should things not improve in the safe haven metal.

Interested in expanding your knowledge about our services

Interested in expanding your knowledge about our services

Whether you’re just getting started or looking to sharpen your skills, our eBooks are designed to help you dive straight in to the world of forex trading. Learn everything from basic to more advanced techniques and much more. Simply fill out the form below to get access to your FREE ebook Now!