[Fundamental × Technical Special Feature ⑤] Australian Dollar: Australia's Situation
【Special Feature: Fundamentals × Technical】
Find the optimal approach to reading the market!
This time, we approach the market from both fundamentals and technical perspectives. We analyze major countries and major currency pairs from diverse information and viewpoints to discover hints for finding the best possible approach when facing the market. Additionally, we will pick up notable individual stocks, cryptocurrencies, and commodities to provide a comprehensive recap of the 2020 market.
In fundamentals, we will have Yenzo with insights on stock index and forex outlook, and in technicals, we will present long-term viewpoints on major currency pairs by Yasuji Yamanaka, introducing analyses from forex professionals!
・② Dollar: United States’ situation
・④ Pound: United Kingdom’s situation
・⑤ AUD: Australia’s situation ←This article is here
・(11) AUD/USD: Chart analysis
・(12) Markets beyond currency pairs (NASDAQ & GAFA, cryptocurrencies & commodities)
※This article is a reprint and revised edition of FX攻略.com March 2021 issue. Please note that the market information written in the main text may differ from current market conditions.
YEN zo profiles
Worked as a foreign exchange dealer for more than 20 years at US-based Citi and UK-based Standard Chartered, and other foreign banks. Currently, a top professional trader, trading forex, Nikkei 225, Nikkei options, and individual stocks. CEO of Advance Co., Ltd., which primarily handles investment information distribution.
Newsletter:YEN zo Real Top Trading
Blog:YEN zo FX Investment Techniques – Investing in the world with dollars, yen, euros, pounds, and Australian dollars
Twitter:https://twitter.com/YENZOU
Yamanaka Kōji’s Profile
Ascendant Co., Ltd. Director. Joined Bank of America in 1982, became Vice President in 1989, Proprietary Manager in 1993. 1999, served as Deputy Head of Currency Funds at Nikko City Trust Bank. 2002, founded Ascendant Co., Ltd.
Official Blog:Forex information distribution site provided by Ascendant / Yamanaka Kōji
Twitter:https://twitter.com/yasujiy
Expectations for early economic recovery with successful infection control
Australia is one of the countries that succeeded in curbing COVID-19 infections at an early stage, and the Australian dollar stood out by recovering to pre-pandemic levels faster than other currencies.
The policy rate was slashed from 0.75% in February 2020 to 0.25% in March, and to 0.10% in November. It has also implemented quantitative easing, including purchases of long-term government bonds.
Fundamentals show many positive indicators, suggesting the Australian dollar may continue to track upward steadily.
