AUD exchange rates continue to sink in the last one month. Not only weaken against USD, Aussie also fell to five months low against its neighbor, NZD. From forex news, we can see that AUD is not only impacted by the usual factors that influenced forex, but also China economic reports. How come China partake in AUD/USD trade?
As The Fed's Board of Governor's meeting closes, expectations for tapering continue to drown in uncertainty. Will they, or won't they? Market players, especially forex traders, could have been ignoring this issue if only it didn't have the huge impact it's been showing these days. The impact of the issue is undeniable and many analysts predicted it will continue to do so until an exact decision is out.
