AUD/USD bulls attack 0.6900 with eyes on China’s return, US inflation data – by anilpanchal7 AUDUSD Inflation CentralBanks Ukraine China
ie pair on the watch is the return of China after a long weekend, as well as Thursday’s employment data from the Pacific major.
Chatters that Ukraine is gaining success in pushing back the Russian military from some of its battlegrounds seem to have underpinned the market’s cautious optimism, even as the same raised the fears of Russia’s harsh retaliation. On the same line could be the hopes of more stimulus from major economies like China, the US, the UK and Europe.
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