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8 Aug 2014
AUD/USD steady around 0.9275
FXStreet (Córdoba) - The AUD/USD moved sideways around 0.9275 during the American session and is about to finish the week with a decline of 35 pips. It is the second weekly decline in a row for the pair and the lowest close since May.
The Aussie weakened Thursday after the release of the Australian employment report that triggered a downside movement of the currency across the board.
On Friday the AUD/USD bottomed at 0.9237 (fresh 1-month low) but then turned to the upside and erased daily losses. The recovery from the lows found resistance at 0.9285.
The Aussie weakened Thursday after the release of the Australian employment report that triggered a downside movement of the currency across the board.
On Friday the AUD/USD bottomed at 0.9237 (fresh 1-month low) but then turned to the upside and erased daily losses. The recovery from the lows found resistance at 0.9285.