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AUD to USD Forecast: US Producer Price Index to Deliver Sub-$0.65
On Thursday, the AUD/USD fell by 0.20% to end the day at $0.65148. The US CPI Report dragged the Aussie dollar into negative territory. This morning, there are no economic indicators from Australia or China to influence. The lack of economic indicators will leave the Aussie dollar in the hands of market risk sentiment throughout the morning session. Economic uncertainty stemming from weak economic indicators from China and the Fed threat remain headwinds. The US Session It is another big day ahead, with US producer price index numbers and the Michigan Consumer Sentiment survey in focus. A more marked increase in the ... (full story)
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