By guest contributor Stuart Talman, Director of Australian Sales, XE.com
The Aussie dollar finished just over 1% higher vs the US dollar for the past week with the US dollar falling out of favour, due primarily to comments from Fed chair, Jerome Powell. Speaking at the Economic Club of New York during the early hours of THURS. morning, the focus on Powell’s speech was on financial stability and the outlook for the US economy. Powell highlighting the strong performance...