AUD/USD Slides as TD-MI Inflation Misses, ANZ Job Ads Drop 0.2%
The Australian dollar weakened against the US dollar on Monday as Australia's TD-MI Inflation Gauge fell 0.4% in June, missing the -0.1% forecast, while ANZ-Indeed Job Ads dipped 0.2% after May's 2% rise. In Monday's G10 trading, the AUD showed mixed performance among other currencies. The next mild-impact release for the Aussie will be Reserve Bank of Australia Assistant Governor, Sarah Hunter, due on July 8. For the USD, the major event will be the ISM Services Purchasing Managers' Index for June, due later in the day. The AUD/USD pair was trading at 0.69247, with 0.23% gain during Monday's American session at the time of writing.
The Australian dollar weakened against the US dollar on Monday as Australia's TD-MI Inflation Gauge fell 0.4% in June, missing the -0.1% forecast, while ANZ-Indeed Job Ads dipped 0.2% after May's 2% rise.
In Monday's G10 trading, the AUD showed mixed performance among other currencies.
The next mild-impact release for the Aussie will be Reserve Bank of Australia Assistant Governor, Sarah Hunter, due on July 8.
For the USD, the major event will be the ISM Services Purchasing Managers' Index for June, due later in the day.
The AUD/USD pair was trading at 0.69247, with 0.23% gain during Monday's American session at the time of writing.