{"id":23429,"date":"2022-03-09T09:37:00","date_gmt":"2022-03-09T09:37:00","guid":{"rendered":"https:\/\/youtrading.com\/en\/?p=23429"},"modified":"2022-03-09T20:37:03","modified_gmt":"2022-03-09T20:37:03","slug":"audusd-higher-on-commodity-prices-rate-hike-potential","status":"publish","type":"post","link":"https:\/\/youtrading.com\/en\/audusd-higher-on-commodity-prices-rate-hike-potential\/","title":{"rendered":"AUDUSD higher on commodity prices &#038; rate hike potential"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"23429\" class=\"elementor elementor-23429\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<div class=\"elementor-inner\">\n\t\t\t\t<div class=\"elementor-section-wrap\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6bfea8c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6bfea8c\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2d1b8d0\" data-id=\"2d1b8d0\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-21a7c0c elementor-widget elementor-widget-text-editor\" data-id=\"21a7c0c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><strong>Market Brief<\/strong><\/p><p>The Australian dollar is rising rapidly after the RBA governor Lowe gave a speech last night in which he reiterated that the central bank would do what is necessary to maintain low and stable inflation. That there is a real possibility the Cash Rate will be raised this year as they are closer to a point where inflation is sustainable in the target range. They are holding off due to the war in Ukraine and will watch to see how the conflict adds to supply-side inflation pressures. Gov. Lowe was upbeat about the string growth in hours worked and rising numbers of jobs over the months ahead. The markets took the cue that after a couple more CPI\u2019s the RBA will begin their rate hike cycle and have started positioning themselves already.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-27de846 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"27de846\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-398c1a6\" data-id=\"398c1a6\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-609f2cf elementor-widget elementor-widget-image\" data-id=\"609f2cf\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"http:\/\/bit.ly\/2yFD0hu\" target=\"_blank\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"562\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2022\/03\/audusd-1d-1.jpg\" class=\"attachment-large size-large wp-image-23433\" alt=\"\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1c2b0ab3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1c2b0ab3\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1348598\" data-id=\"1348598\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-713e1ed9 elementor-widget elementor-widget-text-editor\" data-id=\"713e1ed9\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><a href=\"http:\/\/bit.ly\/2yFD0hu\" target=\"_blank\" rel=\"noopener\">See real-time quotes<\/a> provided by our partner.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7ac2d06 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7ac2d06\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5b958fa\" data-id=\"5b958fa\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c237b7c elementor-widget elementor-widget-text-editor\" data-id=\"c237b7c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>The <a href=\"http:\/\/bit.ly\/2yFD0hu\" target=\"_blank\" rel=\"noopener\">AUDUSD<\/a> on a daily chart has seen price compress under the 200-period EMA. A bullish close today above Monday&#8217;s low would go a long way to giving the bulls enough momentum to break higher. This would also have the price back above the descending trend line and the 0.7300 level which has been significant in the past.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-39e4c70 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"39e4c70\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-36678c9\" data-id=\"36678c9\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c671739 elementor-widget elementor-widget-image\" data-id=\"c671739\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/bit.ly\/3h7yoXS\" target=\"_blank\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"562\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2022\/03\/BRENT-1D-6.jpg\" class=\"attachment-large size-large wp-image-23437\" alt=\"\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-43481bde elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"43481bde\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2ccca894\" data-id=\"2ccca894\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-76c8dcac elementor-widget elementor-widget-text-editor\" data-id=\"76c8dcac\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><a href=\"https:\/\/bit.ly\/3h7yoXS\" target=\"_blank\" rel=\"noopener\">See real-time quotes<\/a> provided by our partner.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-501444d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"501444d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0fc1778\" data-id=\"0fc1778\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7258c05 elementor-widget elementor-widget-text-editor\" data-id=\"7258c05\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><a href=\"https:\/\/bit.ly\/3h7yoXS\" target=\"_blank\" rel=\"noopener\">Brent oil<\/a> is trading within Monday\u2019s range still, which means it is at elevated levels still. This price shock is going to permeate its way all the way to the pumps and voters\u2019 pockets. Currently, there is positive political will backing Biden\u2019s efforts to ban Russian oil exports. But that is unlikely to last very long when the daily reality kicks in. This year is the mid-term elections, and all the world\u2019s woes will be put at the door of President Vladimir Putin. It is handy to have a bad guy to point at when all else has gone wrong. The increase in oil prices has also made the US administration think outside of the box and they have started the process of dealing with Venezuela. And things move fast when there are $\u2019s on the table. Last night American prisoners were released following discussions with the US, so the supply of oil is likely the next step. I find it amazing to think that Iran and Venezuela may come to the rescue of the Americans after so many years of being persecuted and sanctioned.<\/p><p>The EU Commission President Ursula von der Leyen said that the EU has purchased so much LNG that it will be independent of Russian gas until the end of winter. I am unsure of which winter she is talking about specifically. I am assuming it is this current cold spell. She told Germany&#8217;s ARD television the EU wouldn&#8217;t need to import any gas from Russia and that the EU is planning to free itself of Russian gas dependence by the end of the decade.<\/p><p>Von der Leyen said sanctions against Russia were designed to cause a maximum impact on Moscow while causing the least damage possible to Western economies. Personally, I am not sure it works like that in the real world. We have already seen the problems caused by a supply shock due to covid-19. No reason to believe this set of sanctions will be any different.<\/p><p>Zhao Lijian, a spokesman for the Chinese Foreign Ministry, said that the United States has no international legal basis for its ban on energy sector imports from Russia. In a press briefing, he said China opposes &#8220;unilateral sanctions&#8221; as they do not bring peace and security. &#8220;It will only lead to serious problems for the economy and quality of life in the countries concerned. In such a scenario, everyone will lose&#8230; China and Russia continue stable cooperation in the energy sector,&#8221; Zhao stressed.<\/p><p>Saudi Arabia and the United Arab Emirates, which are critical of the United States&#8217; policy in the Persian Gulf and the Middle East, have refused to speak to Biden about support for Ukraine and containing high oil prices, according to US officials. Among other things, Saudi Arabia has called for US support for the military intervention in the Yemen civil war, assistance with its nuclear program, and legal immunity for Crown Prince Mohammed bin Salman, who faces multiple lawsuits in the country, including the murder of the journalist Jamal Khashoggi in 2018. Despite the White House&#8217;s call for more oil imports, the Gulf states have pledged to stick to the OPEC production plan, a sign that they are being increasingly influenced by Moscow.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d979903 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d979903\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-252d1c9\" data-id=\"252d1c9\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6b72db2 elementor-widget elementor-widget-image\" data-id=\"6b72db2\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"http:\/\/bit.ly\/2YAQOVh\" target=\"_blank\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"562\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2022\/03\/eurusd-1d.jpg\" class=\"attachment-large size-large wp-image-23441\" alt=\"\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2607fbbd elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2607fbbd\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5a37b1\" data-id=\"5a37b1\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5cc4b2e0 elementor-widget elementor-widget-text-editor\" data-id=\"5cc4b2e0\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><a href=\"http:\/\/bit.ly\/2YAQOVh\" target=\"_blank\" rel=\"noopener\">See real-time quotes<\/a> provided by our partner.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ac56867 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ac56867\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ab65ec7\" data-id=\"ab65ec7\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4f18569 elementor-widget elementor-widget-text-editor\" data-id=\"4f18569\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>The <a href=\"http:\/\/bit.ly\/2YAQOVh\" target=\"_blank\" rel=\"noopener\">EURUSD<\/a> is continuing to find support at these levels, with the 1.0800 acting as the most significant level of demand. Momentum and price action are to the downside, so apart from a counter-trend intraday position, I would not recommend going long just yet. We are also waiting on the ECB tomorrow so things could get volatile in the euro crosses.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-54b07c0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"54b07c0\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6f26d83\" data-id=\"6f26d83\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6bdfe0a elementor-widget elementor-widget-image\" data-id=\"6bdfe0a\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"http:\/\/bit.ly\/2YAQOVh\" target=\"_blank\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"492\" height=\"181\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2022\/03\/EURUSD-CHART-1.jpg\" class=\"attachment-large size-large wp-image-23442\" alt=\"\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-74cde6d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"74cde6d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-e24e9a5\" data-id=\"e24e9a5\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-311b2d4 elementor-widget elementor-widget-text-editor\" data-id=\"311b2d4\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>This 68% of traders on the ActivTrader platform who have bullish sentiment towards the major pair are likely to feel the heat again in the coming days.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e6aa463 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e6aa463\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-69ad761\" data-id=\"69ad761\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b086a27 elementor-widget elementor-widget-image\" data-id=\"b086a27\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"601\" height=\"314\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2022\/03\/forex-5.jpg\" class=\"attachment-large size-large wp-image-23443\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f43611f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f43611f\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cd498ba\" data-id=\"cd498ba\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-01b1d67 elementor-widget elementor-widget-text-editor\" data-id=\"01b1d67\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>Though for the third consecutive London session the euro is relatively strong against the other majors, except for the Australian dollar.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Market Brief The Australian dollar is rising rapidly after the RBA governor Lowe gave a speech last night in which he reiterated that the central bank would do what is necessary to maintain low and stable inflation. That there is a real possibility the Cash Rate will be raised this year as they are closer [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":23431,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[52,58,86,18,645,639,318,638],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v17.6 (Yoast SEO v20.11) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>AUDUSD higher on commodity prices &amp; rate hike potential - Youtrading UK<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/youtrading.com\/en\/audusd-higher-on-commodity-prices-rate-hike-potential\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AUDUSD higher on commodity prices &amp; rate hike potential AUDUSD higher on commodity prices &amp; rate hike potential\" \/>\n<meta property=\"og:description\" content=\"Things are moving fast in the global macroeconomic world of investing and trading. Politicians are making decisions to which we have no real understanding of the consequences. The aim is to put a stop to Russia\u2019s advance into Ukraine. But the void created is being filled by the wants and needs of others. Politicians and sovereign leaders are negotiating for what is best for them, while the citizens will ultimately have to pay a price.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/youtrading.com\/en\/audusd-higher-on-commodity-prices-rate-hike-potential\/\" \/>\n<meta property=\"og:site_name\" content=\"Youtrading UK\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/YouTradingEnglish\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-03-09T09:37:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-09T20:37:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2022\/03\/GettyImages-1131200434.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"544\" \/>\n\t<meta property=\"og:image:height\" content=\"300\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Neville Hornsey\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"AUDUSD higher on commodity prices &amp; rate hike potential AUDUSD higher on commodity prices &amp; rate hike potential\" \/>\n<meta name=\"twitter:description\" content=\"Things are moving fast in the global macroeconomic world of investing and trading. Politicians are making decisions to which we have no real understanding of the consequences. The aim is to put a stop to Russia\u2019s advance into Ukraine. But the void created is being filled by the wants and needs of others. Politicians and sovereign leaders are negotiating for what is best for them, while the citizens will ultimately have to pay a price.\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Neville Hornsey\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/youtrading.com\/en\/audusd-higher-on-commodity-prices-rate-hike-potential\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/youtrading.com\/en\/audusd-higher-on-commodity-prices-rate-hike-potential\/\"},\"author\":{\"name\":\"Neville Hornsey\",\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/person\/95b20558021997bd74f4db43fabddf85\"},\"headline\":\"AUDUSD higher on commodity prices &#038; rate hike potential\",\"datePublished\":\"2022-03-09T09:37:00+00:00\",\"dateModified\":\"2022-03-09T20:37:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/youtrading.com\/en\/audusd-higher-on-commodity-prices-rate-hike-potential\/\"},\"wordCount\":873,\"publisher\":{\"@id\":\"https:\/\/youtrading.com\/en\/#organization\"},\"keywords\":[\"AUDUSD\",\"Brent\",\"EU\",\"EURUSD\",\"GAS\",\"OIL\",\"RBA\",\"Sanctions\"],\"articleSection\":[\"Markets\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/youtrading.com\/en\/audusd-higher-on-commodity-prices-rate-hike-potential\/\",\"url\":\"https:\/\/youtrading.com\/en\/audusd-higher-on-commodity-prices-rate-hike-potential\/\",\"name\":\"AUDUSD higher on commodity prices & rate hike potential - Youtrading UK\",\"isPartOf\":{\"@id\":\"https:\/\/youtrading.com\/en\/#website\"},\"datePublished\":\"2022-03-09T09:37:00+00:00\",\"dateModified\":\"2022-03-09T20:37:03+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/youtrading.com\/en\/audusd-higher-on-commodity-prices-rate-hike-potential\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/youtrading.com\/en\/audusd-higher-on-commodity-prices-rate-hike-potential\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/youtrading.com\/en\/audusd-higher-on-commodity-prices-rate-hike-potential\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/youtrading.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"AUDUSD higher on commodity prices &#038; rate hike potential\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/youtrading.com\/en\/#website\",\"url\":\"https:\/\/youtrading.com\/en\/\",\"name\":\"Youtrading UK\",\"description\":\"Leaders in Trader Training\",\"publisher\":{\"@id\":\"https:\/\/youtrading.com\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/youtrading.com\/en\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/youtrading.com\/en\/#organization\",\"name\":\"YouTrading\",\"url\":\"https:\/\/youtrading.com\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg\",\"contentUrl\":\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg\",\"width\":2531,\"height\":570,\"caption\":\"YouTrading\"},\"image\":{\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/YouTradingEnglish\/\",\"https:\/\/www.instagram.com\/youtrading_english\/\",\"https:\/\/www.youtube.com\/channel\/UCc22BNolZpSd33lXc8utUvg\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/person\/95b20558021997bd74f4db43fabddf85\",\"name\":\"Neville Hornsey\",\"description\":\"Neville Hornsey holds a BA Honours 2.1 in Professional Media and has been a professional trader since 2007. Neville has worked for several brokerages and prop firms, specialising in the Foreign exchange and Futures markets and blends technical analysis with fundamentals, with a bias towards swing and intraday trade setups.\",\"url\":\"https:\/\/youtrading.com\/en\/author\/nevillehornsey\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"AUDUSD higher on commodity prices & rate hike potential - Youtrading UK","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/youtrading.com\/en\/audusd-higher-on-commodity-prices-rate-hike-potential\/","og_locale":"en_GB","og_type":"article","og_title":"AUDUSD higher on commodity prices & rate hike potential AUDUSD higher on commodity prices & rate hike potential","og_description":"Things are moving fast in the global macroeconomic world of investing and trading. Politicians are making decisions to which we have no real understanding of the consequences. The aim is to put a stop to Russia\u2019s advance into Ukraine. But the void created is being filled by the wants and needs of others. Politicians and sovereign leaders are negotiating for what is best for them, while the citizens will ultimately have to pay a price.","og_url":"https:\/\/youtrading.com\/en\/audusd-higher-on-commodity-prices-rate-hike-potential\/","og_site_name":"Youtrading UK","article_publisher":"https:\/\/www.facebook.com\/YouTradingEnglish\/","article_published_time":"2022-03-09T09:37:00+00:00","article_modified_time":"2022-03-09T20:37:03+00:00","og_image":[{"width":544,"height":300,"url":"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2022\/03\/GettyImages-1131200434.jpg","type":"image\/jpeg"}],"author":"Neville Hornsey","twitter_card":"summary_large_image","twitter_title":"AUDUSD higher on commodity prices & rate hike potential AUDUSD higher on commodity prices & rate hike potential","twitter_description":"Things are moving fast in the global macroeconomic world of investing and trading. Politicians are making decisions to which we have no real understanding of the consequences. The aim is to put a stop to Russia\u2019s advance into Ukraine. But the void created is being filled by the wants and needs of others. Politicians and sovereign leaders are negotiating for what is best for them, while the citizens will ultimately have to pay a price.","twitter_misc":{"Written by":"Neville Hornsey","Estimated reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/youtrading.com\/en\/audusd-higher-on-commodity-prices-rate-hike-potential\/#article","isPartOf":{"@id":"https:\/\/youtrading.com\/en\/audusd-higher-on-commodity-prices-rate-hike-potential\/"},"author":{"name":"Neville Hornsey","@id":"https:\/\/youtrading.com\/en\/#\/schema\/person\/95b20558021997bd74f4db43fabddf85"},"headline":"AUDUSD higher on commodity prices &#038; rate hike potential","datePublished":"2022-03-09T09:37:00+00:00","dateModified":"2022-03-09T20:37:03+00:00","mainEntityOfPage":{"@id":"https:\/\/youtrading.com\/en\/audusd-higher-on-commodity-prices-rate-hike-potential\/"},"wordCount":873,"publisher":{"@id":"https:\/\/youtrading.com\/en\/#organization"},"keywords":["AUDUSD","Brent","EU","EURUSD","GAS","OIL","RBA","Sanctions"],"articleSection":["Markets"],"inLanguage":"en-GB"},{"@type":"WebPage","@id":"https:\/\/youtrading.com\/en\/audusd-higher-on-commodity-prices-rate-hike-potential\/","url":"https:\/\/youtrading.com\/en\/audusd-higher-on-commodity-prices-rate-hike-potential\/","name":"AUDUSD higher on commodity prices & rate hike potential - Youtrading UK","isPartOf":{"@id":"https:\/\/youtrading.com\/en\/#website"},"datePublished":"2022-03-09T09:37:00+00:00","dateModified":"2022-03-09T20:37:03+00:00","breadcrumb":{"@id":"https:\/\/youtrading.com\/en\/audusd-higher-on-commodity-prices-rate-hike-potential\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/youtrading.com\/en\/audusd-higher-on-commodity-prices-rate-hike-potential\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/youtrading.com\/en\/audusd-higher-on-commodity-prices-rate-hike-potential\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/youtrading.com\/en\/"},{"@type":"ListItem","position":2,"name":"AUDUSD higher on commodity prices &#038; rate hike potential"}]},{"@type":"WebSite","@id":"https:\/\/youtrading.com\/en\/#website","url":"https:\/\/youtrading.com\/en\/","name":"Youtrading UK","description":"Leaders in Trader Training","publisher":{"@id":"https:\/\/youtrading.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/youtrading.com\/en\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/youtrading.com\/en\/#organization","name":"YouTrading","url":"https:\/\/youtrading.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg","contentUrl":"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg","width":2531,"height":570,"caption":"YouTrading"},"image":{"@id":"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/YouTradingEnglish\/","https:\/\/www.instagram.com\/youtrading_english\/","https:\/\/www.youtube.com\/channel\/UCc22BNolZpSd33lXc8utUvg"]},{"@type":"Person","@id":"https:\/\/youtrading.com\/en\/#\/schema\/person\/95b20558021997bd74f4db43fabddf85","name":"Neville Hornsey","description":"Neville Hornsey holds a BA Honours 2.1 in Professional Media and has been a professional trader since 2007. Neville has worked for several brokerages and prop firms, specialising in the Foreign exchange and Futures markets and blends technical analysis with fundamentals, with a bias towards swing and intraday trade setups.","url":"https:\/\/youtrading.com\/en\/author\/nevillehornsey\/"}]}},"_links":{"self":[{"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/posts\/23429"}],"collection":[{"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/comments?post=23429"}],"version-history":[{"count":0,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/posts\/23429\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/media\/23431"}],"wp:attachment":[{"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/media?parent=23429"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/categories?post=23429"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/tags?post=23429"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}