AUD Daily Review for June 12, 2019
|AUD/USD continues to trade in the red near 0.6955 following the mixed Chinese inflation figures. The consumer price index (CPI) rose at annualized rat|
|Although Chinese CPI managed to post upbeat numbers, AUD/JPY traders emphasize more on the sluggish PPI on early Wednesday.|
|The AUD/USD pair remained depressed through the Asian session on Wednesday and dropped to near 1-1/2 week lows in the last hour. The pair came under s|
|AUD/USD daily chart AUD/USD is trading in a bear trend below its main daily simple moving averages (DSMAs). The market is trading at its lowest in 7 d|
|After spending the majority of the day moving in a tight range near 0.6950, the AUD/USD pair came under a renewed selling pressure and fell to its low|
|The US dollar fell significantly during the trading session on Wednesday but filled the gap and then found buyers. The fact that we turned around of form a b…|
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