AUD/USD: Australian Dollar increases 03 July 2020

DAILY CURRENCY REPORT

The Australian Dollar has increased 0.06 US cents (or 0.1%) from its last trading session of July 02, 2020 to close at 69.29 US cents. The AUD/USD rose for a third day on Friday bringing its three-day rise to 0.67 US cents or 1.0%.

SECTION 1

AUSTRALIAN DOLLAR BEARISH SIGNALS

Technicals:

+ The price decreased 0.1% in the last month.

SECTION 2

RELATIVITIES AND % CHANGE

cross ratesLast1-day %1-week %1-Year %3-Yrs %
AUD/USD0.6930.10.6-1.0-9.9
AUD/JPY74.4910.11.0-1.1-13.5
AUD/GBP0.5560.30.3--6.0
AUD/EUR0.6170.30.5-0.5-8.3
AUD/CHF0.6560.10.4-4.9-11.0
AUD/CAD0.94-0.20.12.5-5.9

SECTION 3

HISTORICAL PERSPECTIVE

Year-on-Year Comparison AUD/USD (Trailing year - ended 03 Jul)

In the past 5 years, the USD has appreciated against the AUD at an average compound annual growth rate of 1.9%.

202020192018201720162015
Close0.690.70.740.770.750.76
% Change-1-4.9-4.12.9-1.6-14
Range0.68 - 0.780.76 - 0.78

AUD1 buys USD 0.69 today: Appreciation of USD from 0.79 thirty years ago

Last5 Yrs ago10 Yrs ago15 Yrs ago20 Yrs ago25 Yrs ago30 Yrs ago
AUD/USD0.690.770.840.750.60.710.79

SECTION 4

CREDIT RATING SUMMARY

Australia:

Rating AgencyLong TermForeign CurrencyDescription
Moody'sAaa
S&PAAAExtremely strong capacity to meet financial commitments. Highest Rating.
FITCHAAAHighest credit quality: 'AAA' ratings denote the lowest expectation of default risk. This capacity is highly unlikely to be adversely affected by foreseeable events.
DAGONGAA+"AA" ratings denote expectations of very low default risk. It indicates that the issuer has a very strong capacity for payment of financial commitments. Although due to its relatively higher long-term risk, this capacity is not significantly vulnerable to any foreseeable event. The plus (+) sign shows relative standing within the major rating category.

United States:

Rating AgencyLong TermForeign CurrencyDescription
MOODYAaa
S&PAA+Very strong capacity to meet financial commitments. The plus (+) sign shows relative standing within the major rating category.
FITCHAAA Highest credit quality: 'AAA' ratings denote the lowest expectation of default risk. This capacity is highly unlikely to be adversely affected by foreseeable events.
DAGONGA-High Credit Quality: "A" ratings denote expectations of relatively low default risk. The capacity for payment of financial commitments is considered sufficient. However, this capacity may be more vulnerable than those of the higher ratings to adverse business or economic conditions due to any foreseeable event. The minus (-) sign shows relative standing within the major rating category.

Source: www.BuySellSignals.com