AUD/USD finds intermediate cushion near 0.6660, US PMI and RBA policy highs limelight AUDUSD Fed RBA Oil SEO
but is likely to remain on the tenterhooks as investors are awaiting the release of United States ISM Manufacturing PMI data for fresh impetus. The Australian Dollar would face enormous volatility as investors are preparing for the interest rate decision by the Reserve Bank of Australia , which will be announced on Tuesday.
The demand for US government bonds has tumbled amid fresh fears of a rebound in global inflation inspired by higher oil prices. The 10-year US Treasury yields have scaled to near 3.52%.A bumper upside move has been recorded in the US Dollar as heightened oil prices are likely to share serious consequences ahead. Various economies were struggling to get on track after a year of stubborn inflation. And now higher oil prices are expected to weaken the efforts yet made to tame sticky inflation.
From the US Manufacturing PMI gamut, New Orders Index would hog the limelight as it provides cues about the manufacturing
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
AUD/USD approaches 0.6670 key support with eyes on RBA, US NFPAUD/USD struggles to extend the previous weekly gains as it prints minor losses around 0.6680 during early Monday morning in the Asia-Pacific region.
Weiterlesen »
Caixin China Manufacturing PMI misses the mark and nudges AUD/USD lowerCaixin China Manufacturing PMI has been released as follows: 50 vs 51.7 expected and 51.6 prior. AUD/USD update In the pre-open analysis, the article
Weiterlesen »
AUD/USD stays depressed below 0.6700 on downbeat China Caixin Manufacturing PMIAUD/USD struggles to overcome intraday losses as the latest statistics from China and Australia joins sour sentiment during early Monday. That said, t
Weiterlesen »
AUD/JPY drops below 89.00 as investors await Caixin Manufacturing PMI and RBA policyThe AUD/JPY pair is struggling to keep itself above 89.00 after a decent opening in the early Asian session. The risk barometer witnessed a decent res
Weiterlesen »
AUD/USD Price Analysis: Bears could be about to pounceThe Australian dollar traded around 30 pips on either side of around 0.67 the figure vs. the greenback on Friday and ended the month little changed, i
Weiterlesen »
USD/CAD retreats from 1.3500 as OPEC’s surprise cut drives oil price, US PMI eyedThe USD/CAD has retreated from 1.3520 after a rebound attempt followed by a gap-down opening from 1.3488 in the early Tokyo session. The Loonie asset
Weiterlesen »