High Volatility Continues to Characterize the AUD – Review for July 26, 2023
<div><img width="360" height="360" src="https://blog.roboforex.com/wp-content/uploads/2023/06/AUDUSD_10-360×360.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="AUD/USD analysis today" decoding="async" loading="lazy" style="margin-bottom: 15px;" /></div><p>The <a href="https://roboforex.com/beginners/info/charts/forex/audusd/" data-internallinksmanager029f6b8e52c="33" title="AUD/USD">AUD/USD</a> <a href="https://blog.roboforex.com/blog/2020/06/19/how-to-choose-a-currency-pair-for-trading-in-forex/" data-internallinksmanager029f6b8e52c="142" title="Currency Pair">currency pair</a> is in search of a clear direction.</p>
<p>The Australian dollar, paired with the US dollar, is once again experiencing fluctuations. The current quote for AUD/USD stands at 0.6759.</p>
<p>The AUD's <a href="https://blog.roboforex.com/blog/2020/08/20/what-is-volatility-and-how-to-use-it-on-forex/" data-internallinksmanager029f6b8e52c="150" title="Volatility">volatility</a> is attracting attention from traders and investors. On one hand, the strong US dollar is exerting pressure on the AUD. On the other hand, positive <a href="https://blog.roboforex.com/blog/2019/11/28/signals-on-forex-where-to-search-how-to-find-filter-and-create/" data-internallinksmanager029f6b8e52c="101" title="Signals">signals</a> are emerging from China, which is a significant economic <a href="https://blog.roboforex.com/blog/2021/07/30/how-to-become-a-successful-partner-of-a-forex-broker/" data-internallinksmanager029f6b8e52c="194" title="Partner">partner</a> for Australia.</p>
<p>Recent statistics released today revealed that Australia's <a href="https://blog.roboforex.com/blog/2022/06/30/what-is-inflation-reasons-and-consequences/" data-internallinksmanager029f6b8e52c="220" title="Inflation">inflation</a> for the second quarter has declined to 5.4% year-over-year. On a quarterly basis, the indicator rose by 0.8%, following a 1.4% increase from January to March this year. The easing of inflationary pressure is viewed as a positive signal. Market participants anticipate that the Reserve Bank of Australia will acknowledge this at its next meeting and maintain the current <a href="https://blog.roboforex.com/blog/2019/10/22/trading-news-how-to-earn-on-interest-rates/" data-internallinksmanager029f6b8e52c="90" title="Interest rate">interest rate</a> level. The Australian dollar is reacting accordingly to these developments.</p>
<p>Moreover, China's readiness to stimulate its economy is beneficial for Australia. As China is Australia's primary trading and economic partner, any positive news coming from China is also encouraging for the AUD.</p>
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