AUD/USD under pressure below 0.7150 on dismal Chinese data, RBA's Lowe
AUD/USD remains pressured below 0.7150 after disappointing Chinese activity data. RBA’s Lowe jawbones on the exchange rate value. The market mood remains cautious amid coronavirus concerns, US fiscal impasse and ahead of US-China trade talks.
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SPECIAL WEEKLY FORECAST
Interested in weekly AUD/USD forecasts? Our experts make weekly updates forecasting the next possible moves of the aussie-dollar pair. Here you can find the most recent forecast by our market experts:
The AUD/USD pair hit 0.7242 this week, its highest since February 2019, trimming most gains ahead of the close but still holding in the green weekly basis.