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AUD/USD remains pressured around mid-0.7700s on downbeat Australia trade data, RBA eyed


May 4, 2021 03:41 GMTFXStreet News
AUD/USD refreshes intraday low following weaker-than-expected Aussie data.
Risk dwindles amid mixed updates concerning covid, vaccines.
RBA is likely to keep the monetary policy intact, Rate Statement will be the key.
US data, risk catalysts could offer additional direction.
AUD/USD drops to the fresh low of the day, down 0.20% intraday around 0.7745, following weak Australia trade numbers on early Tuesday. Mildly offered S&P 500 Futures should also have contributed to the Aussie pair’s recent weakness.
Australia’s headline Trade Balance for March dropped below 7529M prior and 8000M market consensus to 5574M. Details suggest that the Imports eased from 5.0% to 4.0% whereas Exports flashed -2.0% against -1.0% previous readouts in the latest update. ....

Adrian Orr , Drug Administration , Rate Statement , Trade Balance , Aussie Trade Balance , Reserve Bank , ரேட் அறிக்கை , வர்த்தகம் சமநிலை , ஆஸி வர்த்தகம் சமநிலை , இருப்பு வங்கி ,

AUD/USD stays directed towards 0.7800 ahead of Australia trade data, RBA


5/3/2021 9:36:08 PM GMT
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By Anil Panchal
AUD/USD keeps the week-start recovery moves in a choppy range around mid 0.7700s.
May begins with upbeat market sentiment despite off in key Asia-Pacific markets, light calendar and geopolitical risks.
US ISM Manufacturing PMI eased, Fed’s Powell sounds more optimistic.
Likely upbeat Aussie trade figures may entertain pair buyers ahead of RBA’s expected inaction.
Following an upbeat start to the month, AUD/USD wavers inside the 0.7750-70 trading range ahead of the key events on early Tuesday morning in Asia. The Aussie pair consolidated Friday’s losses the previous day amid a mild risk-on mood, softer US data and less volatility. However, the pair traders seem to get cautious off-late as Australia’s March month Trade Balance and RBA are on the cards. ....

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S&P 500 Futures drop towards 3,800 as reflation fears return to the table ahead of Fed's Powell


Mar 4, 2021 03:22 GMTFXStreet News
S&P 500 Futures struggle to keep 3,800 as risks dwindle in Asia.
UK budget, US stimulus progress in the Senate join statements from ECB policymakers to recall reflation fears.
Vaccine optimism, mixed data can’t entertain traders before Fed’s Powell, second-tier US job figures.
S&P 500 Futures trim early Asian losses, currently down 0.18% to 3,808, but remains pressured as traders look for fresh clues amid rising Treasury yields. Also challenging the mood could be a lack of major data/events ahead of a speech from Federal Reserve Chairman Jerome Powell, at 17:05 GMT.
With the UK budget and progress on the US covid relief bill promising more inflation of funds in the system, reflation fears jump back to the table on Wednesday. Also favoring the bond bears could be the ECB policymakers’ hints that the jump in the Treasury yields doesn’t have legs to worry about. ....

South Korea , United Kingdom , South Korean , Jerome Powell , Scott Morrison , Adrian Orr , Joe Biden , Federal Reserve , Federal Reserve Chairman Jerome Powell , Australian Prime Minister Scott Morrison , Aussie Trade Balance , Retail Sales , Consumer Price Index , Wall Street Close , தெற்கு கொரியா , ஒன்றுபட்டது கிஂக்டம் , தெற்கு கொரியன் , ஜெரோம் போவல் , ஸ்காட் மோரிசன் , ஓஹோ பிடென் , கூட்டாட்சியின் இருப்பு , கூட்டாட்சியின் இருப்பு தலைவர் ஜெரோம் போவல் , ஆஸ்திரேலிய ப்ரைம் அமைச்சர் ஸ்காட் மோரிசன் , ஆஸி வர்த்தகம் சமநிலை , சில்லறை விற்பனை , நுகர்வோர் ப்ரைஸ் குறியீட்டு ,