Australian Dollar weakens as investors adopt caution ahead of key US economic data
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#acbb1c95 ver:0.88
Investors cautious as Australian Dollar weakens amid rising US Treasury yields and risk aversion. Strong Australian CPI data could prompt rate hike, but AUD/USD pulled back after US consumer confidence report. Focus on Australian housing sector data and US GDP, jobless claims, and Fed speakers. AUD recovery supported by higher US Treasury yields. Key support and resistance points at 0.6600 and 0.6700. AUD extends losses ahead of US GDP and PCE data. AUD may gain ground as China lifts beef bans. RBA concerned about inflation. US Beige Book shows slight growth. Gold prices dip, AUD/USD falls below 0.66. Bitcoin and Ethereum consolidate. Traders cautious of market corrections. #AUD #USD #CPI #RBA #GDP #JoblessClaims #Fed #Gold #Bitcoin #Ethereum...
#newstr #Aud #Usd #RiskAversion #UsTreasuryYields #MonthlyCpi #Rba #RateHike #UsConsumerConfidence #Cpi #SupportAndResistanceLevels #BeigeBook #PceInflationData #HousingSector #UsGdp #JoblessClaims #Fed #LaborMarket #MovingAverages #UsEconomicData #Investors #Caution #UsGrossDomesticProduct #CorePersonalConsumptionExpenditures #Australian10yearGovernmentBondYield #China #BeefShipments #PrivateCapitalExpenditure #Inflation #RateCut
https://here.news/story/acbb1c95?ver=0.88
EUR/USD hovers around 1.0700, eyes on US first-quarter GDP data /
npub16l…nzmyp
2024-05-30 11:04:15
Author Public Key
npub16l53g5ffelzcl9ghrdwrcugtz68hg9d8dlfu6jztaw58lgylatyq8nzmypPublished at
2024-05-30 11:04:15Event JSON
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"content": "Australian Dollar weakens as investors adopt caution ahead of key US economic data\n===============\t\n#acbb1c95 ver:0.88\n\nInvestors cautious as Australian Dollar weakens amid rising US Treasury yields and risk aversion. Strong Australian CPI data could prompt rate hike, but AUD/USD pulled back after US consumer confidence report. Focus on Australian housing sector data and US GDP, jobless claims, and Fed speakers. AUD recovery supported by higher US Treasury yields. Key support and resistance points at 0.6600 and 0.6700. AUD extends losses ahead of US GDP and PCE data. AUD may gain ground as China lifts beef bans. RBA concerned about inflation. US Beige Book shows slight growth. Gold prices dip, AUD/USD falls below 0.66. Bitcoin and Ethereum consolidate. Traders cautious of market corrections. #AUD #USD #CPI #RBA #GDP #JoblessClaims #Fed #Gold #Bitcoin #Ethereum...\n\n#newstr #Aud #Usd #RiskAversion #UsTreasuryYields #MonthlyCpi #Rba #RateHike #UsConsumerConfidence #Cpi #SupportAndResistanceLevels #BeigeBook #PceInflationData #HousingSector #UsGdp #JoblessClaims #Fed #LaborMarket #MovingAverages #UsEconomicData #Investors #Caution #UsGrossDomesticProduct #CorePersonalConsumptionExpenditures #Australian10yearGovernmentBondYield #China #BeefShipments #PrivateCapitalExpenditure #Inflation #RateCut \n\n https://here.news/story/acbb1c95?ver=0.88",
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