AUD/USD: Upward momentum is slowing down. Fundamental analysis for 12.08.2016

Forex analytics: Review and dynamics After yesterday’s decisions to lower the interest rate in New Zealand and weak data on US labor productivity in Q2, the pair AUD/USD closed yesterday's trading day at the closing price of Wednesday. Today, the pair AUD/USD has slightly fell, despite the support from the rising oil prices. At the beginning of this month, the RBA reduced the interest rate and indicated that ...