Aussie-Dollar is trading around 0.6971 after ending the previous session at zero (up 0%) .
A good end to the trading week, AUD/USD is up to 0.6971, after closing yesterday at zero. Overall, a 0% move or 6,970 pips this week. (Trade the Australian dollar with FXTM now).
Nevertheless, Employment Change in Australia fell short of market expectations (22,500) with a reading of -14,600, continuing the decline from the previous figure of 58,200. Highly important Crude Oil Inventories data from United States beat analyst expectations of -593,000 with a reading of 8.41 million.
At the same time, Australia CFTC AUD speculative net positions released today at 20:30 UTC with a figure of -33,600, while the previous figure was -33,700. United States Existing Home Sales (Dec) came out at 4 million, while a consensus of analysts was expecting 3.96 million. Fresh Philadelphia Fed Manufacturing Index (Jan) data from United States came out at -8.9.
The market is looking forward to the release of new data: Australia Consumer Price Index figure is projected at 1.6. It previously stood at 1.8; data will be released Wednesday. Australia Trimmed Mean CPI (QoQ) (Q4) is expected Wednesday. Australia Consumer Price Index figure is projected at 7.5%. It previously stood at 7.3%; data will be released Wednesday.