AUD/USD slips 40 pips on mixed China PMI, upbeat Aussie inflation ahead of key US catalysts – by anilpanchal7 AUDUSD Inflation PMI RBA Fed
Australia’s Monthly Consumer Price Index for April rises 6.8% YoY versus 6.3% prior. Further, China’s official activity numbers for May came in mixed.
Hence, the latest data fails to justify the hawkish remarks from RBA’s Lowe and hence exerts downside pressure on the AUD/USD pair. Having witnessed the initial reaction to a slew of data, the AUD/USD pair may witness a lackluster day ahead as markets may turn cautious ahead of the key US event, namely the House voting on the US debt ceiling deal. Also important to watch is the US JOLTS Job Openings for April, expected 9.375M versus 9.59M prior, as well as the Chicago Purchasing Managers' Index for May, likely to fall to 47.0 from 48.6.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
AUD/USD grinds above 0.6500 on hawkish RBA’s Lowe ahead of China PMI, Aussie inflationAUD/USD picks up bids to pare the previous day’s losses around 0.6520, after snapping two-day uptrend, as Reserve Bank of Australia (RBA) Governor Phi
Lire la suite »
AUD/USD retreats amidst market uncertainty, US debt ceiling disputes ahead of Aussie CPIAUD/USD retreats amidst market uncertainty, US debt ceiling disputes ahead of Aussie CPI – by christianborjon AUDUSD Currencies Majors Macroeconomics
Lire la suite »
AUD/USD rebounds from below 0.6530 as USD Index drops post US debt-ceiling raise approvalThe AUD/USD pair has shown a solid recovery from below 0.6530 amid a sheer sell-off in the US Dollar Index (DXY). The Aussie asset is aiming to recapt
Lire la suite »
AUD/USD: Further decline could retest 0.6450 – UOBThere is still scope for AUD/USD to drop to the mid-0.6400s in the next few weeks, comment UOB Group’s Economist Lee Sue Ann and Markets Strategist Qu
Lire la suite »
AUD/USD Forex Signal: More Downside as Focus Shifts to US CoThe AUD/USD pair continued falling after the relatively strong US PCE data and the positive outlook on the debt ceiling issue.
Lire la suite »
AUD/USD's recovery from monthly lows finds resistance around 0.6550On Monday, the AUD/USD made a modest gain, moving away from the six-month low it reached last Friday below 0.6500. In a quiet session, with American m
Lire la suite »