The AUD/USD pair has reached its lowest point of the week at 0.6289, experiencing a decline of 0.32%.
The Consumer Sentiment Index at the University of Michigan in the United States has worsened, as inflation expectations continue to rise.
The sentiment towards the Australian dollar is further dampened by the economic struggles in China and geopolitical tensions in the Middle East.
The Consumer Sentiment Index at the University of Michigan in the United States has worsened, as inflation expectations continue to rise.
The sentiment towards the Australian dollar is further dampened by the economic struggles in China and geopolitical tensions in the Middle East.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.