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The Australian dollar looks set to wake from its slumber
The Australian dollar did little overnight, range trading before a raft of important data releases from home and abroad. Here’s the scoreboard as at 7.45am AEDT. AUD/USD 0.7847 , 0.0004 , 0.05% AUD/JPY 88.6 , 0.61 , 0.69% AUD/CNH 5.1930 , 0.0121 , 0.23% AUD/EUR 0.6653 , -0.0012 , -0.18% AUD/GBP 0.5942 , -0.0003 , -0.05% AUD/NZD 1.0963 , 0.0029 , 0.27% The only major moves came against the Japanese yen and New Zealand dollar — the former due to a rise in US treasury yields on continued speculation over the next chair of the US Federal Reserve while the Kiwi was undermined by ongoing political uncertainty and ... (full story)