AUD/USD drops to near 0.6780 ahead of Australian Retail Sales and US debt-ceiling talks – by Sagar_Dua24 AUDUSD RBA Inflation RetailSales DollarIndex
asset looks solid as the decline is merely a correction, which is generally considered a buying opportunity by the market participants.
Mild losses in the S&P500 futures after a rangebound Monday are portraying a decline in the risk appetite of investors. The Australian Dollar is in the upside motion ahead of the quarterly Retail Sales data. As per the expectations, the economic data contracted by 0.4% vs. a contraction of 0.2% recorded for the fourth quarter of CY2022. This will allow the Reserve Bank of Australia to keep interestApart from that, Australia’s budget release will keep the Australian Dollar in action.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
AUD/USD portrays anxiety ahead of Aussie budget, US inflation around mid-0.6700sAUD/USD remains sidelined near 0.6750, recently easing from the intraday high, as bulls and bears stay on their toes ahead of the key data/events amid
Read more »
AUD/USD drives firmly to 0.6770 as USD Index eyes more weakness, US Inflation eyedThe AUD/USD pair has refreshed its day’s high at 0.6770 in the Asian session. The upside bias for the Aussie asset is the outcome of multiple headwind
Read more »
AUD/USD faces potential upside to the 0.6810 region – UOBEconomist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group note AUD/USD could now reclaim the 0.6800 hurdle at beyond. Key Quotes 24-hou
Read more »
AUD/USD Price Analysis: Aussie bulls attack 100-DMA within bullish channelAUD/USD Price Analysis: Aussie bulls attack 100-DMA within bullish channel AUDUSD Technical Analysis TrendFollowing ChartPatterns SupportResistance
Read more »
AUD/USD bulls look to build on positive momentum beyond 100-day SMA/0.6800 markThe AUD/USD pair gains strong follow-through traction for the sixth successive day on Monday and prolongs the momentum through the early North America
Read more »
AUD/USD Price Analysis: Bears take on bulls at key supportThe Australian Dollars has been buoyant at the start of the week as the US Dollar continued its retreat amid bets that US interest rates might have pe
Read more »