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Today Analysis : AUDUSD (13 OCT 2021) - DailyForexTrading.net

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Today Analysis : AUDUSD (13 OCT 2021) - DailyForexTrading.net




News 1


AUD/USD off lows, on the defensive below mid-0.7300s

The AUD/USD pair extended the previous day's late pullback from over one-month

tops and continued losing ground through

the Asian session on Wednesday.

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News 2


AUD/USD Pair Moves Above 0.7360

As The Risk-Off Mood Strengthens

AUD/USD Pair Moves Above 0.7360 As The Risk-Off Mood Strengthens

The greenback has continued its poor performance against some of the leading

currencies for the second consecutive day as the risk-off mood in the market strengthens.


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News 3


AUD/USD eases to 0.7360 from a one-month high at 0.738

The Australian dollar has pulled back on Tuesday’s US session,

returning to 0.7360 area after having reached fresh

one-month highs at 0.7385.


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News 4


AUD/USD Rate to Face Another Decline in Australia Employment

AUD/USD extends the advance from the start of the week to trade to a fresh

monthly high (0.7385), but the update to Australia’s

Employment reports may drag on the exchange

rate as job growth is expected to contract for the second consecutive month.


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News 5


AUD/USD climbs back closer to four-week tops touched on Monday

The AUD/USD pair built on its steady intraday ascent and climbed to the 0.7365

regions, back closer to four-week tops during the
 

early part of the European session.


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News 6


Australian Dollar Forecast: AUD/USD Momentum

Wanes as Jobs Data Nears

Asia-Pacific markets are facing another mixed day of action after

Wall Street saw the third day of losses.

The benchmark S&P 500 index fell 0.24% at the closing bell.

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