A decrease of the indicator value may contribute to the fall in quotes of AUD.
AUDUSD
Australian dollar / US dollar
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News AUDUSD
No change of the indicator value may reduce the volatility of the related markets.
A decrease of the indicator value may contribute to the fall in quotes of USD.
The options market shows investor expectations for currency movements. Right now, signals suggest fading confidence in further dollar weakness. Some companies are buying up euro put options that will appreciate if the euro weakens, to hedge against a potential decline in the European currency.
BofA remains skeptical about the US dollar's medium-term growth prospects. However, the bank sees a chance for temporary gains of the currency in summer. The report highlights signals pointing to a potential trend reversal.
Event announcement AUDUSD
The USD publication is expected
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