Currency of the week" AUD/USD - Between housing risks, Chinese re-awakening and the Donald

  • Duration:
You need to be logged in to view this content.

Summary

The Australian dollar is stuck in a range for quite some time. While the RBA is not expected to move anytime soon, other events could shape the direction of the A$. China's fresh bout of growth ahead of the Party Congress could help the Australian dollar. On the other hand, worries about a potential bubble in Melbourne and Sydney weighs. And let's not forget about the US dollar. Donald Trump is always there to rock the greenback.

Watch full analysis: Europe Market Open: Some risk off trading in the wake of Q2