A decent Australian and minerals exports

The Australian dollar continued to drop as the RBA Meeting Minutes was released with the expectation that the RBA growth in the coming quarters to be slightly slower due to an expected decline in exports and investment in the field of mining . Reserve Bank of Australia decided to keep interest rates unchanged at 2.5 % and is mainly due to the global economy without changing the status of major trading partners such as Australia, China .

And decreased demand for gold in China increased by 18 % in the first quarter , according to the World Gold Council . Given that Australia is the source of the precious metals with China as its largest trading partner , we can expect the Australian dollar to fall further against the Canadian dollar . Thus, it is advisable to sell the center .
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