The Australian dollar is down under once again. It has been trending down in the last days of Q1, extending the losses from the previous week.
Weak Chinese data was blamed for the drops seen last week, but this time it can be seen more in falling commodity prices (well, that’s China related) and a surge in the US dollar, driven by different factors.
Read the rest of the article AUD/USD hardly holds 0.76 – suffers from weak commodity prices, USD strength