Page 19 - Audusd News Today

The AUD/USD pair remains on the defensive during the early Asian session on Friday.

AUSD/USD rapidly faded Wednesday’s advance and refocused on the downside, briefly reaching fresh weekly lows in the 0.6650/45 band on Thursday.

The latest data published by the Australian Bureau of Statistics (ABS) on Wednesday showed that the nation’s Consumer Price Index (CPI) decelerated from the 4.9% YoY rate to 4.3% in November.

The Australian Dollar (AUD) retraces its recent losses despite a softer-than-expected Aussie consumer inflation data released on Wednesday.

In line with the broad-based positive sentiment in the risk-associated space, AUD/USD clocked a decent advance on Wednesday, this time managing to reclaim, albeit briefly, the area north of 0.6700 the figure.

The AUD/USD pair consolidates above the 0.6700 mark during the early Asian session on Tuesday.

The Australian Dollar (AUD) continues to gain ground, extending its gains for the third successive session on Tuesday.

The AUDUSD pair bounces on a key trendline. What’s next?

The Australian Bureau of Statistics (ABS) will release the Monthly Consumer Price Index (CPI) Indicator for November on Wednesday, January 10 at 00:30 GMT and as we get closer to the release time, here are forecasts from economists and researchers of five major banks regarding the upcoming inflation data.

Australian inflation figures – but only for November – will be released on Wednesday, January 10 at 00:30 GMT.