Page 7 - Aussie Dollar News Today

The Australian Dollar (AUD) grapples to maintain its position above a major level at 0.6750 on Wednesday amid a tepid US Dollar (USD).

China's Caixin Manufacturing Purchasing Managers' Index (PMI) increased slightly to 50.8 in December, compared with November’s expansion of 50.7, according to the latest data released on Tuesday.

The Australian Dollar (AUD) lingers near 0.6820 on Tuesday after a rebound on Friday.

AUD/USD is moving higher and might climb further above 0.6870. NZD/USD is also rising and could extend its increase above the 0.6370 resistance zone.

The Australian Dollar (AUD) retraces its recent losses on Friday, benefiting from a weakened US Dollar (USD).

The Australian Dollar (AUD) trades below its recent peak of 0.6802 on Friday, a level not reached in almost five months.

The Australian Dollar (AUD) retraces its recent losses on Thursday after pulling back from a five-month high at 0.6779.

The Aussie Dollar started a steady increase above the 0.6620 level against the US Dollar. AUD/USD broke many hurdles near 0.6650 and 0.6700 to enter a positive zone.

The Aussie has resumed its upside path to test 0.6740 resistance.

The AUD/USD extends its losses for the second straight trading session, and slips below the 200-day moving average (DMA) as investors await monetary policy decisions from major central banks ahead of the next year.