AUDUSD dribbles around mid-0.6700s ahead of Australia employment data – by anilpanchal7 AUDUSD RiskAppetite Employment Currencies CentralBanks
The market’s risk-off mood triggered the AUDUSD pair’s U-turn from the multi-day high on Wednesday. In doing so, the
The news that Russian-made rockets were fired at Poland and killed two people initially soured sentiment. The same triggered emergency meetings of the North Atlantic Treaty Organization and the Group of Seven , which in turn favored the due to its safe-haven appeal.
Moving on, US Retail Sales growth rose by 1.3% MoM in October versus 1.0% expected and 0.0% prior. The details suggest that the Retail Sales ex Autos also grew 1.3% MoM compared to 0.4% market consensus and 0.1% previous readings. Further, US Industrial Production contracted by 0.1% in October versus 0.2% forecast and 0.1% prior .
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