{"id":48541,"date":"2014-03-14T13:46:20","date_gmt":"2014-03-14T17:46:20","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=48541"},"modified":"2014-03-14T12:47:23","modified_gmt":"2014-03-14T16:47:23","slug":"australian-dollar","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2014\/03\/14\/australian-dollar\/","title":{"rendered":"The What, Why and When of the Australian Dollar"},"content":{"rendered":"<p>Disappointing Chinese date is weighing heavily on Australian dollar sentiment.\u00a0<a title=\"http:\/\/www.economiccalendar.com\/2014\/03\/14\/australian-dollar-the-what-why-and-when-of-aud\/\" href=\"http:\/\/www.economiccalendar.com\/2014\/03\/14\/australian-dollar-the-what-why-and-when-of-aud\/\">New vehicle sales and RBA minutes scheduled for Sunday\/Monday respectively.<\/a>\u00a0Disappointing data and dovish minutes will compound negative investor sentiment, and could drive the AUD\/USD towards January lows.\u00a0Positive data and hawkish minutes would likely create some short term strength in the AUD\/USD, but may not be enough to reverse the longer term downtrend. \u00a0Keep in mind the reason the Australian Dollar had such a miserable week is because of the nation&#8217;s reliance on China. Roughly 40% of Australian exports go to China. Also being released next week is RBA minutes. A dovish release combined with bearish new vehicle sales would stir up negative sentiment and drive the pair closer to 0.8924.<br \/>\n<img loading=\"lazy\" decoding=\"async\" alt=\"aud-usd\" src=\"http:\/\/www.economiccalendar.com\/wp-content\/uploads\/2014\/03\/aud-usd-1hour.jpg\" width=\"603\" height=\"284\" \/><br \/>\n<img loading=\"lazy\" decoding=\"async\" alt=\"aud-usd  hour\" src=\"http:\/\/www.economiccalendar.com\/wp-content\/uploads\/2014\/03\/aud-usd-4hour.jpg\" width=\"605\" height=\"290\" \/><\/p>\n<p>Written by Daniel Elo,<a title=\"http:\/\/www.economiccalendar.com\/\" href=\"http:\/\/www.economiccalendar.com\/\"> www.EconomicCalendar.com<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Disappointing Chinese date is weighing heavily on Australian dollar sentiment.\u00a0New vehicle sales and RBA minutes scheduled for Sunday\/Monday respectively.\u00a0Disappointing data and dovish minutes will compound negative investor sentiment, and could drive the AUD\/USD towards January lows.\u00a0Positive data and hawkish minutes would likely create some short term strength in the AUD\/USD, but may not be enough &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2014\/03\/14\/australian-dollar\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;The What, Why and When of the Australian Dollar&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-48541","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/48541","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=48541"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/48541\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=48541"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=48541"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=48541"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}