AUD/USD suffers losses on strong US data, Chinese economic woes
The Australian Dollar (AUD) plunges for the third consecutive day against the US Dollar (USD) on risk aversion following earlier data in the Asian session on China’s GDP.
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The Australian Dollar (AUD) plunges for the third consecutive day against the US Dollar (USD) on risk aversion following earlier data in the Asian session on China’s GDP.
The Australian labor market figures for December will be released on Thursday, January 18 at 00:30 GMT.
Sellers continued to exert control during Wednesday’s session, prompting a retreat of AUD/USD to the low-0.6500s, marking six-week lows.
The AUD/USD pair extends its downside above the mid-0.6600s during the early Asian session on Tuesday.
The Australian Dollar (AUD) continues its losing streak on Tuesday which began on January 9.