The Australian Dollar Has Fallen Behind The US Dollar Against The US Dollar.

In the early morning of Tuesday (April 8th), the Australian dollar narrowed to around 0.9266 against the US dollar. (P)

On Monday (April 7th), the Australian dollar fell against the US dollar.

Investment banks have different views on the Australian dollar market outlook. FXStreet and Pacific Asset Management Co believe that the Australian dollar may continue to be under pressure. While the French bank of Paris has observed the recent rebound trend of the Australian dollar, the Australian dollar is expected to strengthen.

Intra day investors are concerned about Australia's business sentiment index.

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Valeria Bednarik, chief analyst of P FXStreet, pointed out that the Aussie dollar is still bearish in the 1 hour chart, and the current price is down to 0.9215.

At present, the a href= "//www.sjfzxm.com/news/index_cj.asp" > the exchange rate < /a > has stabilized the 20 day moving average in the 4 hour chart, and the indicators have been turned into neutral, which can be operated in the short term but is still supported by the key positions below.

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< p > Pacific Asset Management Co (PIMCO) pointed out that recent economic data show that there has been a temporary recovery in Australia's non mining sector, which partly relieves concerns about the possible collapse of domestic demand in Australia.

Australia's economic capabilities are limited in response to sudden storms or external shocks.

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< p > no longer expect < a href= "//www.sjfzxm.com/news/index_cj.asp" > RBA < /a > certainly will not raise interest rate in 2014.

China's economic growth is expected to slow down in 2014.

The downside risks to China's economic prospects still pose a critical external risk to Australia's economic prospects.

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< p > BNP Paribas of Paris observed the recent rebound in the Australian dollar and concluded that some of the factors driving the Australian dollar have changed.

The bank said that the traditional correlation between Australian dollar and RMB and Australian dollar terms of trade with Australia was broken down, which is manifested in the following two aspects.

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< p > first, because the trend of RMB deviates from China's growth expectation, the Aussie dollar did not rise at the same time as the RMB in April.

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< p > secondly, the terms of trade between Australia and Australia are even longer and the correlation between them is usually regarded as a leading indicator of Australia's trade weighted exchange rate.

Such a departure shows that the withdrawal of Fed (QE) may have different effects on the Australian dollar and commodities.

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< p > what is the current factor that affects the "a href=" //www.sjfzxm.com/news/index_cj.asp "Australian dollar > /a"? The bank believes that "as investors refocus on the Australian economy, especially the rebalancing of the economy from the reform of mining investment, and push the Australian dollar to go strong again, the RBA's abandonment of its liberal stance at the March interest conference may be the starting point for the Australian dollar to go strong again.

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< p > in addition, the factors that further support the Australian dollar are positive and improved balance of payments accounts. Finally, the short back subsidy will also help the Australian dollar rebound.

The bank added, "as we expect the US dollar to start stronger in the second quarter, it is not the best way to do more than the Australian dollar against the US dollar, and we propose to make a multi Australian dollar against the New Zealand dollar. In addition, we will seek to increase the Australian dollar to the euro, yen or Swiss Franc long position."

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P, technically, the Australian dollar to the US dollar 4 hour chart, the price maintains the shock upward trend.

Technical indicators MACD (12, 26, 9) and relative strength index RSI (14) are all in a multi trend.

The 4 hour chart shows that the Australian dollar is expected to strengthen in the near future against the US dollar.

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