The Australian Dollar (AUD) registered modest gains versus the US Dollar (USD) late in the North American session, with the latter remaining under sel
AUD/USD lifts to 0.6422, benefiting from USD pressure as US Treasury yields recede. Geopolitical tensions, with conflict between Israel and Hamas, introduce potential headwinds for AUD. Upcoming US and Australian inflation data, alongside continued Fed commentary, to steer pair’s direction. ling pressure as US Treasury bond yields began to pair their earlier losses. At the time of writing, the AUD/USD is trading at 0.6422, gaining 0.21% after bouncing from daily lows of 0.6390.
On the Australian side, business conditions remained resilient in September as inflation decelerated. At the same, October’s Consumer Sentiment rebounded as rates remained unchanged, but the mood remained clouded amid the increase of cost living. Ahead of the week, the US economic agenda will feature the producer and consumer inflation on Wednesday and Thursday, respectively, while the Fed parade continues. On the Australian front, Consumer inflation expectations will be featured on Thursday.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
AUD/USD rebounds though Israel-Palestinian tensions remain intactThe AUD/USD pair refreshes intraday high at 0.6380 as investors pare shorts in risk-perceived assets executed due to the Middle East crisis amid belli
Weiterlesen »
AUD/USD remains consolidative in the near term – UOBFurther range bound appears likely around AUD/USD in the short-term horizon, comment Markets Strategist Quek Ser Leang and Senior FX Strategist Peter
Weiterlesen »
AUD/USD Forecast: Aussie climbs to the 20-day SMAThe AUD/USD started the week lower due to developments in the Middle East over the weekend. However, during the American session, it reversed directio
Weiterlesen »
AUD/USD Price Analysis: Struggles to sustain above 0.6400The AUD/USD pair remained offered above the round-level resistance of 0.6400 in the early New York session. The Aussie asset struggles to extend recov
Weiterlesen »
US Dollar Weakness Allows EUR/USD and GBP/USD to Rally FurtherThe US dollar is drifting lower for a 5th day in a row despite haven appeal prompted by the Middle East crisis. The technical outlook for the greenback may be starting to change.
Weiterlesen »
NZD/USD Price Analysis: Remains below two-week high amid modest USD strengthThe NZD/USD pair reverses an intraday dip to levels just below the 0.6000 psychological mark and turns neutral during the first half of the European s
Weiterlesen »