15.05.2015 - The Australian dollar may continue to rise
The price of the Australian dollar corrected after showing strong growth in the last days. The reason for the increase of quotations in recent weeks was the fall of the US dollar and the rise in prices for commodities such as iron ore, copper and gold. On the other hand the economy and industry of China which is the main trading partner of Australia shows the slowdown that will be negatively displayed on the price of the Australian dollar in the future. The recent lowering of interest rates by the Reserve Bank of Australia in the medium term will have a negative impact on the Australian dollar.