AUD/USD holds ground above the 0.6790 mark, eyes on Sino-US relations – by lilyfinancial AUDUSD Majors
nd 0.6795, down 0.24% for the day. Investors digest the Reserve Bank of Australia meeting minutes and monitor Sino-US relations.
Additionally, the data released on Tuesday showed that US Industrial Production fell 0.5% in June for the second consecutive month. This figure was lower than the market expected of no change. Meanwhile,increased 0.2% MoM from June to $689.5 billion. This report came in below the market consensus of a 0.5% gain.
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