{"id":134790,"date":"2018-10-02T09:38:32","date_gmt":"2018-10-02T13:38:32","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=134790"},"modified":"2018-10-02T07:23:46","modified_gmt":"2018-10-02T11:23:46","slug":"the-australian-dollar-is-getting-weaker-overview-for-02-10-2018","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/10\/the-australian-dollar-is-getting-weaker-overview-for-02-10-2018\/","title":{"rendered":"The Australian Dollar is getting weaker. Overview for 02.10.2018"},"content":{"rendered":"<div id=\"inves-3976381820\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">October 2, 2018<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><strong>Article By <a href=\"http:\/\/roboforex.com\/\" target=\"_blank\" rel=\"noopener\"><u>RoboForex.com<\/u><\/a><\/strong><\/p>\n<p>The Australian Dollar is getting \u201clighter\u201d against the USD on Tuesday. The current quote for the instrument is 0.7186, which is the lowest over the last couple of weeks.<\/p>\n<p>During its latest meeting, the Reserve Bank of Australia decided to keep the key rate intact at 1.5%. No one expected the rate to be revised, that\u2019s why this news was no surprise for anybody.<\/p>\n<p>In the comments, the RBA said that the current rate value was fine with the outlook for the inflation and economic growth, but at the same time, the regulator was expecting the employment and CPI readings to improve. The inflation is expected to grow rather slowly, the outlook for 2019 and 2020 are quite promising.<\/p>\n<p>As for the Aussie, the RBA believes that the national currency is trading inside the range, which was formed over the last couple of years. There were no other comments and it was rather strange: earlier, the Australian regulator never missed an opportunity to say that the Australian Dollar was too expensive, thus being pretty risky to the entire economic system. Among external risks, the RBA mentioned the US trade policy, which is now providing a lot of uncertainty.<\/p>\n<p>The Aussie would have probably \u201csurvived\u201d this meeting of the regulator, if it hadn\u2019t been for the USD, which has been \u201cattacking on all fronts\u201d for several consecutive trading sessions. In this light, the Australian currency is forced to retreat.<\/p><div id=\"inves-3395565764\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<p><strong>Article By <a href=\"http:\/\/roboforex.com\/\" target=\"_blank\" rel=\"noopener\"><u>RoboForex.com<\/u><\/a><\/strong><\/p>\n<p><strong>Attention!<\/strong><br \/>\nForecasts presented in this section only reflect the author\u2019s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Article By RoboForex.com The Australian Dollar is getting \u201clighter\u201d against the USD on Tuesday. The current quote for the instrument is 0.7186, which is the lowest over the last couple of weeks. During its latest meeting, the Reserve Bank of Australia decided to keep the key rate intact at 1.5%. No one expected the rate [&hellip;]<\/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-134790","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/134790","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=134790"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/134790\/revisions"}],"predecessor-version":[{"id":134793,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/134790\/revisions\/134793"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=134790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=134790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=134790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}