Australian Dollar holds ground after trimming intraday gains, US Consumer Sentiment eyed

Share: Australian Dollar moves sideways after trimming intraday gains. Aussie pair dipped post-release of the US headline inflation. Consumer Inflation Expectations raised the odds of RBA to increase interest rates. US Dollar advanced following the slew of upbeat US data, awaiting US Consumer Sentiment. The Australian Dollar (AUD) snaps a two-day losing streak post

Australian Weekly ANZ Roy Morgan Consumer Confidence survey 79.8 (vs. prior 77.6)

Highest for this since late April. ANZ comments on the still dour result, looking for the bright side: While it remains at very low levels, there are signs of tempered optimism amongst households. Inflation expectations also fell to 4.9% – the lowest since Feb 2022 This article was written by Eamonn Sheridan at www.forexlive.com. لینک

China Consumer Price Index (MoM) in line with forecasts (0.3%) in August

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US July consumer credit outstanding +10.4B vs +16.0B expected

> US July consumer credit outstanding +10.4B vs +16.0B expected US consumer credit data for July Adam Button Friday, 08/09/2023 | 19:02 GMT-0 08/09/2023 | 19:02 GMT-0 Prior was +17.85B (revised to +14.02B) ADVERTISEMENT – CONTINUE READING BELOW Tags ADVERTISEMENT – CONTINUE READING BELOW Most Popular ADVERTISEMENT – CONTINUE READING BELOW ADVERTISEMENT – CONTINUE READING