AUD/USD Forecast: No changes to the consolidative theme
Once again, AUD/USD demonstrated volatile performance on Wednesday, remaining trapped in a side-lined theme that has persisted since the middle of this month.
Source: fxstreet.com
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Australian Dollar extends its losses amid a stable US Dollar, focus on US employment data
The Australian Dollar (AUD) continues to lose ground against the US Dollar (USD) after weaker Aussie data on Thursday.
Source: fxstreet.com
China's Vice FinMin: Will appropriately increase investment under central government budget
China's Vice Finance Minister Wang Dongwei said on Thursday that they “will appropriately increase investment under the central government budget.” Additional takeaways 2023 tax and fee cuts, rebates totaled 2.2 trillion yuan.
Source: fxstreet.com
AUD/USD edges up on mixed US data, traders eye US NFP
The AUD/USD prints minimal gains as the Asian session begins, following Thursday’s session that witnessed the Aussie Dollar (AUD) bouncing off year-to-date (YTD) lows of 0.6508 on mixed US economic data.
Source: fxstreet.com
AUD/USD Forecast: Further weakness appears on the cards
There was no respite for the selling pressure around the Aussie dollar on Thursday, this time dragging AUD/USD to fresh three-month lows in the boundaries of the 0.6500 contention zone.
Source: fxstreet.com