AUD/USD eases from intraday top while taking rounds to 0.7725-30, up 0.07% on a day, during early Thursday. In doing so, the Aussie pair licks the US inflation-led wounds amid mildly upbeat market sentiment.To get more news about WikiFX, you can visit wikifx.com official website.
The early Asian announcement from the US Centers for Disease Control and Prevention (CDC), approving Pfizer's use of the covid-19 vaccine in adolescents age 12 and older, seems to have offered a fresh bid to the S&P 500 Futures amid a light calendar and empty feeds. Even so, the investors remain cautious after the latest strong support to reflation fears.
Following the heavy US Consumer Price Index (CPI) print for April, 4.6% YoY versus 3.6% expected and 2.6% prior, the US Federal Reserve (Fed) officials rushed to defend their ideology of easy money. However, markets couldn‘t believe them and gained additional pessimism from CNN’s news suggesting a leading Democratic economist Larry Summers warning the White House on the ‘overheating’ issue.
Elsewhere, Reuters came out with a piece of news citing the US sending an envoy to placate conditions in the Middle East after Israel killed Hamas commander.
Against this backdrop, US 10-year Treasury yields wobble around 1.68% after rising the most in two months the previous day while stocks in Australia are mildly offered.
Moving on, mixed updates concerning the coronavirus (COVID-19) may keep entertaining the AUD/USD traders, likely trimming the previous days losses. However, US Weekly Jobless Claims, monthly Retail Sales and Producer Price Index (PPI) will be the key to watch during the rest of the week.
Technical analysis
Although a break of 0.7820 keeps AUD/USD sellers hopeful, a convergence of 100-day SMA and an ascending support line from April 01, around 0.7720, followed by the 0.7700 threshold, become tough nuts to crack for the bears.
Căutare
Liên Hệ Quảng Cáo
Categorii
- Nghệ thuật
- Khiếu nại và Tố cáo
- Lắp ráp và Chế tạo
- Khiêu vũ
- Nước uống
- Phim ảnh
- Tài năng
- Đồ ăn
- Trò chơi và Đồ chơi
- Vườn và Trại
- Sức khỏe
- Bất động sản
- Văn học
- Âm nhạc
- Mạng lưới
- Alte
- Bữa tiệc
- Tôn giáo
- Mua sắm
- Thể thao
- Rạp phim
- Dịch vụ
Citeste mai mult
https://www.facebook.com/Is-RevitaNu-Skincare-Cream-Scam-or-Legit-100480219272222
Revita Nu Skin is a hyaluronic skincare product that claims to reduce wrinkles, fine lines,...
https://www.facebook.com/Huuman-CBD-Gummies-500mg-104224948964633
Human CBD Gummies 500mg
The CBD in the Huuman CBD Gummies 500mg is derived from hemp....
https://www.facebook.com/Willie-Nelson-CBD-Gummies-Reviews-104422235611522
Hazel Hills CBD Gummies
Hazel Hills CBD Gummies - You plan to recuperate just as truly...
Pinnacle Science Male Enhancement Canada Where to Buy?
Pinnacle Science Male Enhancement | Shark Tank [ITS SCAM and LEGIT] Does Its Really Works?
You...
Unlock Jira Certification with DumpsArena
In today's competitive job market, having a certification in a widely-used platform like Jira can...