Page 2 - Audusd News Today

The AUD/USD pair posts modest gains near two-week highs of around 0.6630 on Wednesday during the early Asian training hours.

The Australian Dollar (AUD) attempts to extend gains for the third consecutive session on Wednesday.

AUD/USD is trading in the 0.6620s on Wednesday, ahead of key US data.

The strong resumption of the bid bias in the US Dollar (USD) prompted an equally marked retracement in the Aussie dollar and the rest of its risk-related peers, pushing AUD/USD to multi-session lows near 0.6500 on Wednesday.

Another irresolute session in the US Dollar (USD) helped to sustain the robust recovery in AUD/USD, prompting the pair to extend further its recent breakout of the 0.6600 yardstick and advance to the vicinity of 0.6650.

The AUD/USD pair prints a fresh two-week high at 0.6635 in the early American session on Tuesday.

US Treasury Secretary Janet Yellen warned on Monday that “the US will not accept new industries being decimated by Chinese imports as the steel sector was a decade ago.” Additional quotes Exchanges with Chinese officials have advanced American interests.

The Australian Dollar posted solid gains on Monday, rising 0.42% against the US Dollar amid an improvement in risk appetite and a light economic calendar.

The Australian Dollar (AUD) snaps its three-day winning streak following the release of unchanged Final Retail Sales and downbeat Trade Balance data from Australia on Friday.

The Australian Dollar posted solid gains of more than 0.30% on Thursday against the Greenback after economic data from the United States (US) indicated the labor market is cooling.