Posted 1/24/2024, 11:09:01 PM
AUD/USD Dips Below 0.6600 on Strong US Data, Awaits Key Q4 Economic Releases
- AUD/USD shows small losses due to strong US economic data and central bank actions
- Positive US PMIs fail to strengthen the US Dollar, despite sharp rise in Manufacturing index
- Focus ahead is on upcoming US Q4 GDP, PCE price index, Durable Goods Orders, and Jobless Claims data
- Lack of data for Australia this week puts emphasis on upcoming US economic releases
- AUD/USD trades below 0.6600 level, testing 200-day moving average