Australian Dollar hovers below a major level post recent losses, US GDP Annualized eyed
The Australian Dollar (AUD) retraces its recent losses on Thursday after pulling back from a five-month high at 0.6779.
Source: fxstreet.com
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AUD/USD rises high amid USD weakening post GDP revisions
The Australian Dollar (AUD) enjoyed an upward rally against the US Dollar (USD) in Thursday's trading session, stimulated by the revision of the Q3 Gross Domestic Product (GDP) numbers that worked to soften the Greenback.
Source: fxstreet.com
Australian Dollar hovers near a five month high, focus on US Consumer Confidence
The Australian Dollar (AUD) trades around its five-month high at 0.6774 on Wednesday on subdued US Dollar (USD) and improved risk appetite.
Source: fxstreet.com
AUD/USD is showing a bearish divergence at 0.6765 area
Investors´ appetite for risk as they see the end of the central bank´s tightening cycles has pushed the Aussie to nearly five-month highs.
Source: fxstreet.com
AUD/USD Price Analysis: Trades inside Tuesday's range
The AUD/USD pair trades sideways inside Tuesday’s trading range of 0.6700-0.6775 in the early New York session.
Source: fxstreet.com