AUD/USD holds steady above mid-0.6600s amid positive risk tone, weaker USD – by hareshmenghani AUDUSD RiskAppetite Fed Inflation Currencies
A generally positive risk tone undermines the safe-haven USD and benefits the risk-sensitive Aussie.The AUD/USD pair sticks to its intraday gains through the early part of the North American session and is currently placed around the 0.6660-0.6655 region, up nearly 0.25% for the day. meets with some supply and stalls a four-day-old recovery trend from over a two-month low touched last week, which, in turn, is seen pushing the AUD/USD pair higher.
Traders also seem reluctant to place aggressive bets ahead of the release of the latest US consumer inflation figures and the FOMC meeting minutes on Wednesday. Investors this week will also confront the release of monthly jobs data from Australia on Thursday, followed by the US monthly
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 recovers further from two-week low, climbs to 0.6675-80 area amid softer USDThe AUD/USD pair attracts some buyers near the mid-0.6600s on the first day of a new week and moves away from a two-week low touched on Friday. Spot p
Read more »
AUD/USD clings to gains near 0.6670 area amid softer USD, upside seems limitedAUD/USD clings to gains near 0.6670 area amid softer USD, upside seems limited – by hareshmenghani AUDUSD ConsumerConfidence RiskAppetite Fed Currencies
Read more »
AUD/USD remains sideways around 0.6660 amid extended weekend, China Inflation eyedThe AUD/USD pair continuously trading sideways around 0.6660 in the Asian session. The Aussie asset is likely to continue the lackluster performance a
Read more »
AUD/USD Price Analysis: Fades bounce off 61.8% Fibonacci retracement below 0.6700AUD/USD Price Analysis: Fades bounce off 61.8% Fibonacci retracement below 0.6700 AUDUSD Technical Analysis ChartPatterns SwingTrading SupportResistance
Read more »
AUD/USD under pressure around 0.6640The AUD/USD pair extended its intraday slump to 0.6618 after Wall Street's opening, barely bouncing from the level and currently trading in the 0.6680
Read more »
AUD/USD Price Analysis: Bounces off fortnight-long support but 0.6700 is the key to upsideAUD/USD Price Analysis: Bounces off fortnight-long support but 0.6700 is the key to upside AUDUSD Technical Analysis SwingTrading ChartPatterns SupportResistance
Read more »