Cookies help us deliver our services. By using our services, you agree to our use of cookies.
Learn more Got it
Dakar 2017
Roboforex is an official sponsor
of "Starikovich-Heskes Team"
at the Dakar 2017
Home / Analytics / Forex analysis & forecasts / Forex Fundamental analysis / The Ozzy declines for the third consecutive day. Review on 25/02/2016
Ask a question
Did not find the information you need? Ask your questions and get answers online!
Enter chat
Or enter your phone number in the form below and we will call you right away.
Call back

The Ozzy declines for the third consecutive day. Review on 25/02/2016

The AUD/USD pair is "losing weight" on Thursday afternoon, sales in the instrument continues for the third day due to a combination of factors.

The Australian dollar remains under sales. The current quote in the AUD/USD pair is 0.7182.

This morning statistics were released, according to which the rate of private capital expenditure in Australia rose 0.8% in the fourth quarter. The indicator was better than expected, which was a decline by 0.3%. In the third quarter of 2015 private capital spending "fell" by 8.4%. However, just after the publication of this release, sales in the AUD/USD pair have become "more pronounced".

Investors are monitoring oil and China. If there is no updated information for the first paragraph, the second remains ambiguous. The representative of the Central Bank of China, Mr. Gang said on Thursday that the regulator will continue to work with a flexible pricing of the yuan exchange rate. In this there is no special news, considering that at the end of last year, the PBC was forced to loosen its currency, but in the beginning of this year held a series of "infusions" of liquidity into the market. The balance between credit and currency reform and financial stability in China must be held - it is the main task of the Central Bank.

It is possible that in the course of the day there will be new information that will impact the oil market and, consequently, the behaviour of the US dollar and traded pairs. We are talking about conversations around the idea of the "freezing" of oil production, by oil producing countries at the January figures. Venezuela, as a major "ideological centre" of the initiative, is planning a new date of the meeting of the concerned parties. It can irritate the investors in the capital markets.

Dear reader!

Without authorization, you can view no more than two reviews per day and no more than 10 per month. To continue reading analytical reviews, register or login to your Members Area.


Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.