AUD/USD jumps to 0.6650 as US Dollar drops ahead of US Inflation
The AUD/USD pair prints a fresh two-week high at 0.6635 in the early American session on Tuesday.
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The AUD/USD pair prints a fresh two-week high at 0.6635 in the early American session on Tuesday.
US Treasury Secretary Janet Yellen warned on Monday that “the US will not accept new industries being decimated by Chinese imports as the steel sector was a decade ago.” Additional quotes Exchanges with Chinese officials have advanced American interests.
The Australian Dollar posted solid gains on Monday, rising 0.42% against the US Dollar amid an improvement in risk appetite and a light economic calendar.
The Australian Dollar (AUD) snaps its three-day winning streak following the release of unchanged Final Retail Sales and downbeat Trade Balance data from Australia on Friday.
The Australian Dollar posted solid gains of more than 0.30% on Thursday against the Greenback after economic data from the United States (US) indicated the labor market is cooling.