News Formal

Australian Dollar extends gains due to positive market sentiment

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 26 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 72%

AUDUSD Nyheter

SEO,Majors,Macroeconomics

The Australian Dollar (AUD) extends its gains on Thursday despite the weaker-than-expected Trade Balance and Building Permits data released by the Australian Bureau of Statistics.

The Australian Dollar rises as positive market sentiment favors the risk-sensitive currencies. The Australian Dollar cheered the hawkish sentiment surrounding the RBA despite the weaker Aussie Trade Balance and Building Permits. The US Dollar faced a challenge as Fed Chair Powell dismissed the likelihood of a further rate hike.

On the downside, the AUD/USD pair could potentially move toward the lower boundary of the symmetrical triangle around the nine-day Exponential Moving Average at 0.6509. A break below the latter could exert pressure on the pair to test the rebound support at the 0.6480 level. AUD/USD: Daily Chart Australian Dollar price today The table below shows the percentage change of the Australian Dollar against listed major currencies today. The Australian Dollar was the strongest against the Japanese Yen.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 14. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Australian Dollar edges lower amid a lower equity market, stable US DollarThe Australian Dollar (AUD) retraces its recent gains registered on Tuesday, edging lower on Wednesday.
Källa: FXStreetNews - 🏆 14. / 72 Läs mer »