The Australian dollar has had a very eventful week, going back and forth in a very choppy mannerisms. The market is obviously trying to figure something out, which could have ramifications going quite a bit further into the future.
The Australian dollar has fallen rather hard during the course of the trading session on Friday, as it looks like the short-lived rally is coming to an end.
It’s a quieter day ahead, with economic data from Germany in focus early in the day. Later in the day, FED Chair Powell and other central bankers will also be in focus.