Australian Dollar is enjoying the report of stable, enthusiastic jobs on high ground and is focusing on the problems of others. The Reserve Bank of India is standing in the coming week. Here is an updated technical analysis for the week's highlights and AUD/USD.
In Australia, less than 32.8K jobs were not benefited in October and unemployment reached 5%. The encouraging figures supported the Australian. In the US, data with little memories on retail sales and inflation was somewhat disappointing. On the other hand, the negotiation between America and China is making some progress and it is positive for A $.
The Australian dollar also benefited from paying attention to break sit, which hurt the pound, influenced the euro and took the safe haven yen, but wasted the Australian. At the end of the week, many Fed officials, such as Clarida, Kaplan and Hanker, expressed concerns about the global economy and there was no crowd to increase interest rates. Faced the US dollar
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