One of the biggest export earners for Australia comes from the mining industry. Any appreciation of the commodities prices will boast the export earning of Australia.
The Swiss franc is normally seen as a safe haven currency. Thus, during times of global instability, the Swiss franc becomes a highly demanded currency. Therefore, it will appreciate in value in relation to the USD. Therefore, traders should sell (Bid) the USD/CHF. On the other hand, during times of stability, the demand for the US dollar will increase as people will see less need for parking their money in Swiss franc as a safe haven currency.
When the pound is traded vs. the US Dollar it is often referred to as Cable. The name derives the Transatlantic Cable connecting the UK with the USA used to transmit currency prices between the London and New York Exchanges.
If the money supply in the UK economy increases, this will result in the supply of money exceeding the demand of money. This will mean that the banks will have more money to lend resulting in lower interest rates as a result will depreciate the value of the British pound in relation to the US dollar.
The most important economic factors include number of unemployed , unemployment rate, average earnings, retail sales, the level of industrial production and GDP growth, and the balance of payments and housing prices.
If the Japanese Government boosts the demand for their exports, they will seek to try to weaken the Japanese yen in relation to the US dollar.When that happens, the USD/JPY will rise in its price. Traders wishing to benefit from this scenario should buy the USD/JPY (Ask) in anticipation of the increase in US dollar.
The old "frienemies" are usually on the other sides of the financial swings and roundabouts. Usually when the US dollar weakens, the Euro rises in relation. On the other hand, when the US dollar rises Euro’s value declines in relation.