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AUDUSD pushes higher with strong momentum

AUD/USD pushes higher with strong momentum Gary Christie December 10, 2020 9:39 PM The pair is accelerating past September highs. Share: The US Dollar was bearish against most of its major pairs on Thursday with the exception of the GBP. On the US economic data front, Initial Jobless Claims jumped to 853K for the week ending December 5th (725K expected), from a revised 716K in the week before. Continuing Claims unexpectedly rose to 5,757K for the week ending November 28th (5,210K expected), from a revised 5,527K in the prior week. The Consumer Price Index increased 0.2% on month in November (+0.1% expected), from unchanged in October. Finally, the Monthly Budget Deficit contracted to 145.3 billion dollars on month in November (198.5 billion dollars expected), from 284.1 billion dollars in October.

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