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Aussie dips below 0.77 line - MarketPulse


Aussie dips below 0.77 line
January 18, 2021SharePrint
The Australian dollar has started the new trading week with slight losses. AUD/USD is currently trading at 0.7681, down 0.26% on the day.
US dollar on the move
The US dollar looked like the G-10 punching bag in the latter months of 2020, and the Australian dollar took full advantage by posting sharp gains. The New Year has been witness to a stronger US dollar, and this was apparent on Friday, as the US dollar pummelled the Aussie and gained 0.99% per cent. This marked AUD/USD’s strongest one-day gains since October.
The US dollar’s broad gains on Friday were even more noteworthy, given that US released soft Retail Sales reports on Friday. Headline retail sales fell by 0.7% and core retail sales was even worse, with a decline of 1.4 percent. This marked back-to-back declines for both releases. The drop in consumer spending, a key driver of economic growth, is certainly worrying. At the same time, an impo ....

New Year , Retail Sales , Westpac Consumer Sentiment , Aud Usd Technical Analysis , Australia Westpac Consumer Sentiment , Covid 19 , Us Core Retail Sales , Us Retail Sales , புதியது ஆண்டு , சில்லறை விற்பனை , வெஸ்ட்பேக் நுகர்வோர் உணர்வு , தணிக்கை அமெரிக்க டாலர் தொழில்நுட்ப பகுப்பாய்வு , ஆஸ்திரேலியா வெஸ்ட்பேக் நுகர்வோர் உணர்வு , எங்களுக்கு கோர் சில்லறை விற்பனை , எங்களுக்கு சில்லறை விற்பனை ,

Aussie slides despite sharp retail sales - MarketPulse


Aussie slides despite sharp retail sales
January 11, 2021SharePrint
The Australian dollar has started the new trading week with sharp losses. AUD/USD is currently trading at 0.7685, down 0.91% on the day. The Aussie finds itself in the unusual position of being on a mini-slide, as the US dollar is finally showing some signs of life.
US yields boost dollar
Solid Australian data on Monday could not stem the Aussie’s slide against the US dollar. On the inflation front, the Melbourne Institute Inflation Gauge rose 0.5% in December, up from 0.3 per cent. The reading marked a 5-month high, pointing to stronger economic activity. Retail sales jumped 7.1% in November, an almost identical gain to the previous release of 7.0%. This strong reading edged above the forecast of 7.0%. ....

Melbourne Institute Inflation , Melbourne Institute Inflation Gauge , Australian Retail Sales , Aud Usd Technical Analysis , Australia Mi Inflation Gauge , Australia Retail Sales , Us Nonfarm Employment Change , மெல்போர்ன் நிறுவனம் வீக்கம் , மெல்போர்ன் நிறுவனம் வீக்கம் பாதை , ஆஸ்திரேலிய சில்லறை விற்பனை , தணிக்கை அமெரிக்க டாலர் தொழில்நுட்ப பகுப்பாய்வு , ஆஸ்திரேலியா மை வீக்கம் பாதை , ஆஸ்திரேலியா சில்லறை விற்பனை ,