Currency Analyst since 2010

AUD/USD: watch US jobless claims

Analysts at CMC Markets point out that aside from Bernanke the pair AUD/USD had seen “a lack of recent impetus” to drive a major move. In their view, however, “that may change tonight, with the data on jobless claims due out of the US. A positive reading will likely strengthen the [US dollar], at the Aussie’s expense. Alternatively, a weak reading could see the [Australian dollar] push toward $0.9300.”

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