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AUD/USD Current Price: 0.7738 Australian Westpac Consumer Confidence print at -4.5% in January. Australia is expected to have added 50K new jobs in ...
Share: The European Central Bank left its monetary policy unchanged, as expected. US weekly unemployment claims eased to 900K in the week ended January 15. EUR/USD holds on to its bullish stance but needs to clear the 1.2170 resistance. The EUR/USD pair advanced to 1.2172, within the ECB monetary policy announcement, to stabilize around 1.2150. The shared currency surged on prevalent optimism, and as the European Central Bank maintained its current monetary policy while pledging to keep supporting the economy through the pandemic. President Christine Lagarde confirmed that the stimulus prog...
Share: Upbeat Australian employment data pushed AUD/USD higher. Australia will publish this Friday the preliminary estimate of January’s Retail Sales. AUD/USD is bullish, consolidating gains above the 0.7700 threshold. The AUD/USD pair peaked at 0.7780 this Thursday, boosted by encouraging Australian employment data. The country added 50K new job positions as expected in December, 36.5K of them full-time positions. The unemployment rate came down to 6.6% from 6.8%, beating expectations of 6.7%. Consumer Inflation Expectations in the country stood at 3.4% in January, down from 3.5% in the ...
EUR/USD Current Price: 1.2123 Treasury Secretary nominee Janet Yellen to boost stimulus, reform taxes. German’s Economic Sentiment improved in ...
Share: Australia will publish January Westpac Consumer Confidence, previously at 4.1%. Risk appetite gave up ahead of Wall Street’s close, providing support to USD. AUD/USD hovers around 0.7690 with a limited bullish potential. The AUD/USD pair peaked at 0.7724 this Tuesday, retreating towards the 0.7690 price zone during the American afternoon, where it stands heading into the Asian opening. The pair traded on sentiment, easing at the end of the day as Wall Street eased from its intraday highs. So far this week, the pair has been incapable of attracting speculative interest but remains com...