{"id":135576,"date":"2018-10-16T09:40:28","date_gmt":"2018-10-16T13:40:28","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=135576"},"modified":"2018-10-16T07:18:06","modified_gmt":"2018-10-16T11:18:06","slug":"the-australian-dollar-is-trading-under-pressure-overview-for-16-10-2018","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/10\/the-australian-dollar-is-trading-under-pressure-overview-for-16-10-2018\/","title":{"rendered":"The Australian Dollar is trading under pressure. Overview for 16.10.2018"},"content":{"rendered":"<div id=\"inves-1514013669\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">October 16, 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<div class=\"news__text\">\n<p>On Tuesday, AUDUSD is moving downwards influenced by the active USD and the Monetary Policy Meeting Minutes published by the RBA.<\/p>\n<p>The Australian Dollar started today\u2019s trading session by falling against the USD. The current quote for the instrument is 0.7122.<\/p>\n<p>The Monetary Policy Meeting Minutes published by the RBA today says that the AUD rate decline that started earlier is good for the country\u2019s domestic economy. It is quite interesting, because the regulator doesn\u2019t mention the importance of the Aussie rate at every meeting, unlike it did in the past.<\/p>\n<p>According to the RBA, the next revision of the key rate is likely to be upwards, but surely not in the nearest future. At the same time, the regulator is still pretty sure (as it was in the past) that keeping the rate intact for long period of time provides additional stability and confidence to the country\u2019s economy.<\/p>\n<p>Another thing the RBA mentioned was low mortgage rates at the moment.<\/p>\n<p>In addition to that, the RBA\u2019s attention was focused on uncertainty with consumption, which is connected to slight reduction of wage growth and decline of housing prices. The employment is feeling good after the labor market skyrocketed in August. However, it was said that an average income amount was still not enough for the regulator to feel safe.<\/p>\n<\/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 On Tuesday, AUDUSD is moving downwards influenced by the active USD and the Monetary Policy Meeting Minutes published by the RBA. The Australian Dollar started today\u2019s trading session by falling against the USD. The current quote for the instrument is 0.7122. The Monetary Policy Meeting Minutes published by the RBA today says [&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-135576","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/135576","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=135576"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/135576\/revisions"}],"predecessor-version":[{"id":135579,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/135576\/revisions\/135579"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=135576"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=135576"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=135576"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}