The Australian Dollar Rollercoaster: Exchange Rate Update (July, 10th)

After a rollercoaster few weeks, last week was much more stable for the Aussie dollar. We have a look at what it's doing at the moment, the last seven days and what might happen next.

3-Minute Read - To read more about the forecasts from major Australian banks, you can read our article here: http://bit.ly/2AhS1bd.

***The mid market exchange rates, or actual exchange rates, were collected on Monday July 9th at 5pm.

The average bank rates were calculated at the same time using publicly available website pages from Australia’s big four banks; Westpac, ANZ, NAB and Commonwealth Bank.

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This video is for informational purposes only and is not to be construed as an offer to buy or sell any currency or other financial instruments. It does not constitute a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual clients. You should consider whether any advice or recommendation in this research is suitable for your particular circumstances.

The mid market exchange rates, or actual exchange rates, were collected from XE.com on Monday July 9th at 5pm.

The average bank rates were calculated at the same time using publicly available website pages from Australia’s big four banks; Westpac, ANZ, NAB and Commonwealth Bank.

Видео The Australian Dollar Rollercoaster: Exchange Rate Update (July, 10th) канала The Currency Shop