Page 15 - Audusd News Today

The Australian Dollar (AUD) retraces its recent gains on Wednesday despite the improved preliminary Purchasing Managers Index (PMI) from Australia, released on a monthly basis by Judo Bank and S&P Global.

The Australian Dollar (AUD) edges higher on Tuesday after registering losses in the previous session.

The AUDUSD pair is at a strong resistance zone. What’s next?

Sellers won’t just let go. Extra weakness hurt the Aussie dollar and motivated AUD/USD to extend the negative performance for the second session in a row on Tuesday, exacerbating the gloomy start of the new trading week.

The Australian Dollar (AUD) hovers around a psychological level at 0.6600 on Monday amid market uncertainty driven by discussions between the United States (US) and the United Kingdom (UK) on intensifying actions against Iran-backed Houthi terrorists in Yemen.

The AUD/USD pair consolidates around the 0.6600 mark during the early Asian session on Monday.

The noticeable resumption of the selling bias around the Aussie dollar prompted AUS/USD to leave behind a two-day recovery and remain under pressure in the sub-0.6600 zone at the beginning of a new trading week.

The Australian Dollar (AUD) begins Friday’s Asian session with minuscule gains of 0.02% against the US Dollar (USD), as the economy in the United States (US) remains resilient after the release of strong jobs reports and mixed housing data.

The Australian Dollar (AUD) trims intraday gains as the US Dollar (USD) continues to move on an upward trajectory on Friday.

The Australian Dollar is building up some positive momentum on Friday’s European session.