AUDUSD Day’s Range: 0.73306 – 0.73906 AUDUSD was trading at a tight range, drifting lower throughout the day and touching a daily low of 0.73306. It is a busy week of data in the foreign exchange market. There is a number of central bank rate decision, GDP inflation and employment report scheduled for […]
27/07/2021 Tuesday Read More »
AUDUSD Day’s range : 0.73422 – 0.73974 Risk appetite continues to be relentless as investors have an optimistic view despite rising COVID-19 cases around the world. AUDUSD touched an overnight high of 0.7397 but is unable to break through key figures. U.S. weekly jobless claims increased to a two-month high last week, suggesting
AUDUSD Day’s range: 0.72894 – 0.73603 AUDUSD set a fresh year to date low, trading just below the 0.7300 handles before recovering well through the European and US session. The AUDUSD touched a high of 0.73603. The AU June preliminary retail sales were below the expectations at -1.8% versus expected number of -0.7%. In
22/07/2021 Thursday Read More »
AUDUSD Day’s Range: 0.74105 – 0.74847 The June job report in Australia showed growth in the job market, however, investors weigh the new strict lockdown in NSW and VIC more than the positive job reports. New restrictions were in place in Melbourne due to the increasing number of delta-variant cases. Lockdown in Sydney was extended
AUD/USD Day’s Range: 0.74311 – 0.74860 The USD weakened against major currencies as Treasury yields slipped. Federal Reserve Chairman Powell admitted that inflation data is higher than expected during the transitory period, however, he believes that it was still too soon to scale back the Fed’s support for the U.S. economy. This suggests the possibility
15/07/2021 Thursday Read More »
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