![Australian Dollar attempts to snap recent losses as Australia’s inflation rises, commodity prices decline Australian Dollar attempts to snap recent losses as Australia’s inflation rises, commodity prices decline](https://shmi.ir/wp-content/uploads/2023/09/Australian-Dollar-attempts-to-snap-recent-losses-as-Australias-inflation-150x203.jpg)
[ad_1] Share: Australian Dollar snaps the losing streak due to a rise in monthly CPI. Australia’s inflation reported a reading of 5.2% as expected, up from the 4.9% prior. US Dollar (USD) trades around 106.30, the highest since December. Upbeat US Treasury yields are contributing support for the Greenback. The Australian Dollar (AUD)
![XAU/USD struggles to snap recent losses, trades around $1,920 XAU/USD struggles to snap recent losses, trades around $1,920](https://shmi.ir/wp-content/uploads/2023/09/XAUUSD-struggles-to-snap-recent-losses-trades-around-1920-150x203.jpg)
[ad_1] Share: Gold price trades sideways amid US Dollar (USD) retreats. Improved US Treasury yields could exert downward pressure on the price of Gold. China’s disinflationary pressures influenced the yellow metal. Gold price trades around $1,920 a troy ounce during the early trading hours in the Asian session on Monday. The precious metal