Leveraqe Capital Markets Limited Australian Dollar Could Gain if US-China Trade Hopes Hold Up: – Leveraqe

The Australian Dollar faces a calmer week for domestic economic data which will presumably leave the worldwide risk appetite to drive activity, and investors concentrated on US-China exchange and the United Kingdom’s Brexit election campaign.

Official Australian employment data are coming up on Thursday. The last report demonstrated the jobless rate ticking down to 5.2% and proceeded with an account of solid employment creation which has for some time been one of the Australian economy’s brilliant spots. Assuming that no intense turnaround this week.

Source: https://www.dailyfx.com/forex/fundamental/forecast/weekly/aud/2019/11/09/Australian-Dollar-Could-Gain-if-US-China-Trade-Hopes-Hold-Up.html