AUD/USD recovers as weaker US GDP sparks US yields drop
===============
#acbb1c95 ver:0.89
The Australian Dollar (AUD) recovered against the US Dollar (USD) as weaker US GDP data led to a drop in US Treasury yields. The AUD appreciated after higher-than-expected CPI data, potentially prompting the RBA to consider another rate hike. The AUD/USD pair pulled back due to strong US consumer confidence and a drop in the Australian CPI. Near-term trends for AUD/USD could hinge on US labor market data and inflation numbers. The AUD may limit losses due to an increase in Australian 10-year Government Bond Yield. The AUD might gain ground as China lifts bans on Australian beef shipments. The AUD/USD trades at 0.6632, following gains of 0.35%. #AUD #USD #GDP #CPI #RBA #USLaborMarket #Inflation #China #Beef #BondYield...
#newstr #Aud/usd #UsGdp #UsYields #AustralianDollar #UsDollar
https://here.news/story/acbb1c95?ver=0.89
EUR/USD hovers around 1.0700, eyes on US first-quarter GDP data /
npub16l…nzmyp
2024-05-31 00:00:24
Author Public Key
npub16l53g5ffelzcl9ghrdwrcugtz68hg9d8dlfu6jztaw58lgylatyq8nzmypPublished at
2024-05-31 00:00:24Event JSON
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"content": "AUD/USD recovers as weaker US GDP sparks US yields drop\n===============\t\n#acbb1c95 ver:0.89\n\nThe Australian Dollar (AUD) recovered against the US Dollar (USD) as weaker US GDP data led to a drop in US Treasury yields. The AUD appreciated after higher-than-expected CPI data, potentially prompting the RBA to consider another rate hike. The AUD/USD pair pulled back due to strong US consumer confidence and a drop in the Australian CPI. Near-term trends for AUD/USD could hinge on US labor market data and inflation numbers. The AUD may limit losses due to an increase in Australian 10-year Government Bond Yield. The AUD might gain ground as China lifts bans on Australian beef shipments. The AUD/USD trades at 0.6632, following gains of 0.35%. #AUD #USD #GDP #CPI #RBA #USLaborMarket #Inflation #China #Beef #BondYield...\n\n#newstr #Aud/usd #UsGdp #UsYields #AustralianDollar #UsDollar \n\n https://here.news/story/acbb1c95?ver=0.89",
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