The USD won in all areas against other currencys today. On the very first place,
against the AUD. But why?


On Friday, the us trade deficit was published and had actually been rather
well. However, as raf Laidi composed,

Quote Originally Posted by ;
However, it was not all about oil. Worthy of note, is the 7 percent decrease in imports of industrial supplies to a 5-month low of $46.6 bln-making up 25 percent of total imports. This downtrend that is elongated reflects an overall slowdown in demand that is aggeragate, rather than simply be blamed on falling oil prices.
So, to create long things short, my theorey is:

It took some time to revisit this news to the market movers, particularly as the
weekend was supposed to come (or already started at some areas ) at least in Europe
at that moment.

Thus, if you take that recession in demand into focus, because the growth of
the market has slowed down from the united states, that might mean people will buy or
could afford (or simply desire ) not as comodities in the not too distant future.

That might explain why currencys like the aud or the cad have lost so much
against the previous trend and perhaps why gold has lost so much.

Thus, that much into the Trade Balance which should have given the usd support.
In case you go in to specifics, in mostly gave aud / cad a kick.

When you look at the aud/usd chart, you will discover that the aussi began fallin'
about a hour following the Trade Balance has been published (year, it made
form of a desk but didn't get much higher).

just2cents

Tony