AUD/USD: the Australian currency is declining. Fundamental Analysis for 30.05.2016

Forex analytics: Since the interest rate in Australia was lowered at the beginning of the month for the first time since June 2015 to the level of 1.75%, AUD/USD pair has lost so far more than 400 points, still remaining under pressure. While on Friday the US dollar received support from the Federal Reserve Chair Janet Yellen, reporting the tendency to a tight monetary policy (if the economy and the labor market ...