7/27/2021 12:47:01 AM GMT | By Anil Panchal
AUD/USD picks up bids to intraday top but struggles to extend previous day’s gains.
Victoria, South Australia up for easing local lockdowns, NSW spoils the mood.
US Senators jostle over infrastructure spending, Sino-American tussles escalate.
RBA’s Debelle, US Durable Goods Orders will be important for near-term directions.
AUD/USD edges higher around the intraday top, recently easing 0.7383, amid a quiet Asian session on Tuesday. The Aussie pair registered a positive daily closing the previous day as the covid counts eased in the Pacific major. However, the market’s cautious sentiment ahead of the key data/events, coupled with the US-China tension and US infrastructure spending deadlock, weighs on the prices.
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