Australian dollar forex outlook. Get your FREE Australian Dollar to US Dollar (AUD/USD) live streaming and up-to-date data, quotes & prices, charts, rates, analysis & forecasts. Enter Now!

Australian dollar forex outlook

USD/JPY and AUD/USD Forecast August 21, 2017

Australian dollar forex outlook. Get free AUD/USD (Australian Dollar to US Dollar) daily & weekly technical and fundamental forecasts, analysis, trends and news written by FX Empire's professional analysts. Enter Now!

Australian dollar forex outlook


This chart informs about the average forecast prices, and also how close or far apart sit the numbers from all participants surveyed that week. This distribution also tells if there is unanimity or disparity among participants. Each participant's bias is calculated automatically based on the week's close price and recent volatility. By displaying three central tendency measures mean, median, and mode , you can know if the average forecast is being skewed by any outlier among the poll participants.

In this chart, the close price is shifted behind so it corresponds to the date when the price for that week was forecasted. This enables the comparison between the average forecast price and the effective close price. This chart tracks the percentage change between the close prices. Bouts of volatility or extreme flat volatility can be then compared to the typical outcome expressed through the averages.

This measure is basically an arithmetical average of the three central tendency measures mean, median, and mode. It smooths the typical outcome eliminating any possible noise caused by outliers. Together with the close price, this chart displays the minimum and maximum forecast prices collected among individual participants. The result is a price corridor, usually enveloping the weekly close price from above and below, and serves as a measure of volatility.

This currency pair is also known as the "Aussie". Together with the New Zealand Dollar and the Canadian Dollar, the AUD is a commodity currency , that is a currency whose country's exports are largely comprised of raw materials precious metals, oil, agriculture, etc.

The interest rates set by the Reserve Bank of Australia RBA have been among the highest of industrialized countries and the relatively high liquidity of the AUD has made it an attractive tool for carry traders looking for a currency with the highest yields. These factors made the AUD very popular among currency traders. AUD is possibly the most vulnerable currency to a large downside correction in due to both domestic risks and its sensitivity to China.

How to Read the Forecast Poll charts Overview This chart informs about the average forecast prices, and also how close or far apart sit the numbers from all participants surveyed that week. Bias Each participant's bias is calculated automatically based on the week's close price and recent volatility. Averages By displaying three central tendency measures mean, median, and mode , you can know if the average forecast is being skewed by any outlier among the poll participants.

Reserve Bank of Australia that issues statements and decides on the interest rates of the country. Australian Government and its Department of Finance that implement policies that affect the economy of the country. Fed , the Federal Reserve of the United States. The Fed controls the monetary policy, through active duties such as managing interest rates. This group includes the following currency pairs: See full forecast Some extra quotes about forecast in this page: Aussie is in a valid downtrend and might have problems for a rebound next year AUD is possibly the most vulnerable currency to a large downside correction in due to both domestic risks and its sensitivity to China.


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