High yielding currencies continue to perform the most consistent of movements interior their currency bands. AUD/USD moved from 0.9630 to 1.0011 and will continue to visit the level of 1.0850. Higher or lower shall subject to the performance of the equal average highest traded weighted rate with other AUD positive interest rate differential currency pairs. Similarly, AUD/CHF visited the level of 0.9525 from the level of 0.9225 and will continue to move to upward direction to visit the level of 0.9950, higher or lower subject to the performance of the equal highest average traded weighted rate with other AUD pairs. AUD/JPY also moved from 75.00 to 79.50 and will continue to 88.50, higher or lower subject to the performance of the measured equal highest average traded weighted rate with other AUD pairs. AUD/CAD also moved from 0.9950 to 1.0050 and will continue to upward direction to the level of 1.0750, higher or lower shall subject to the measured equal average traded weighted rate with AUD pairs. But, AUD/NZD, the two of the high yielding currencies tend to be flat to range bound as investors continue to invest their funds into to the two currencies and their denominated interest bearing securities. By opposite, EUR/AUD moved from 1.3000 to 1.2600 and will continue to move to downward direction to visit the level of 1.2150, lower or higher subject to the measured performance of the equal average traded weighted rate of the AUD pairs as well as GBP/NZD moved from 1.6150 to 1.5500 and will continue to move to downward direction to visit the level of 1.4600, lower or higher shall subject to the performance of the measured equal average traded weighted rate of AUD pairs. USD-, CHF-, JPY-, EUR- and GBP-funds are continuously invested into AUD currency and AUD-denominated interest bearing securities to cause over demand on the AUD and to strengthen the currency against major currencies. However, correction on their rates during the movements to be made as the result of their interest rate differential based currency correlation with their major currency pairs. Nonetheless, their currency bands are strongly performed as the strongest together with NZD in the market.
