2 days Australian Dollar edges higher as US Dollar pulls back ahead of CPI data FXStreet
The Australian Dollar (AUD) is recovering its recent losses against the US Dollar (USD) for a second consecutive session on Tuesday.
The Australian Dollar (AUD) is recovering its recent losses against the US Dollar (USD) for a second consecutive session on Tuesday.
The Gold price (XAU/USD) edges higher to around $3,255 during the early European session on Tuesday. Traders prefer to wait on the sidelines ahead of the US April Consumer Price Index (CPI) report, which is due later in the day.
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The USD/JPY pair is trading near 148.00, up approximately 2% on the day, as risk-on sentiment dominates global markets following a significant breakthrough in US-China trade relations.
The USD/CAD pair extends the rally to around 1.3975 during the early Asian session on Tuesday, bolstered by a stronger US Dollar (USD).
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