EUR/USD Rises as Mixed US Data Underwhelms on Nostr: Australian Dollar Drifts After Mixed Confidence Data =============== #5acfe72f ...
Australian Dollar Drifts After Mixed Confidence Data
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#5acfe72f ver:0.74
The Australian Dollar (AUD) remains steady after mixed confidence data, with the AUD/USD trading slightly higher. Business confidence is improving, but consumer confidence has declined. The AUD has been gaining ground against the USD due to soft US employment data and speculation of a rate cut by the Federal Reserve. The RBA's emphasis on inflation risks and potential rate hikes has also supported the AUD. The AUD/USD is consolidating within an ascending channel, with resistance at 0.6744. #AustralianDollar #AUDUSD #RBA #FederalReserve...
#newstr #AustralianDollar #ConfidenceData #Forex #Economy
https://here.news/story/5acfe72f?ver=0.74
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#5acfe72f ver:0.74
The Australian Dollar (AUD) remains steady after mixed confidence data, with the AUD/USD trading slightly higher. Business confidence is improving, but consumer confidence has declined. The AUD has been gaining ground against the USD due to soft US employment data and speculation of a rate cut by the Federal Reserve. The RBA's emphasis on inflation risks and potential rate hikes has also supported the AUD. The AUD/USD is consolidating within an ascending channel, with resistance at 0.6744. #AustralianDollar #AUDUSD #RBA #FederalReserve...
#newstr #AustralianDollar #ConfidenceData #Forex #Economy
https://here.news/story/5acfe72f?ver=0.74