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AUD/USD Current Price: 0.6923 * Australian trade surplus rose 2% to $8.03 billion in May, missing the market's expectations. * China Caixin Services PMI seen back to contraction territory in June.
AUD/USD is a holding within familiar levels without signs of what’s next. The AUD/USD pair recovered from a daily low at 0.7584 to finish the day a handful of pips below a daily high of 0.7653.
Gold edged lower despite dollar's weakness but held above $1,700.00 a troy ounce.Australia didn't publish macroeconomic data so far this week, and this Wednesday will release a minor report, Q1 ...
Loss of this level could push the AUD/USD to retest weekly lows at the 0.7665, which converges with the 100 SMA. On the flip side, recovery of the 0.7780 area could pave the way to its 34-month ...
The absolute currency strength (ACS)is a technical indicatorused in the technical analysisof foreign exchange markets. It is intended to chart the current and historical gain or loss of a currency based on the closing prices of a recent trading period. It is based on mathematical decorrelationof 28 cross currency pairs.
* AUD/USD reaches weekly highs and holds positive bias. * A breakout of 34-month high at 0.7820 would target the 0.7850-60 area.The AUD/USD rose to a fresh 1-week high of 0.7805 during Thursday's ...