AUD/USD Eases from 2-Week High as ANZ-Roy Morgan Consumer Confidence Drops 1.2pts to 74.7
The Australian dollar slipped against the US dollar on Tuesday after ANZ-Roy Morgan Consumer Confidence dropped 1.2 points to 74.7, 13.9 points below last year, while a stronger USD pressured the Australian currency. From the US front, the economy recorded a trade deficit of $77.60 billion in May. In Tuesday'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 Wednesday. For the USD, the mild event will be the Consumer Inflation Expectations for June, due later in the day. The AUD/USD pair was trading at 0.69534, with a 0.05% decline during Tuesday's American session at the time of writing.
The Australian dollar slipped against the US dollar on Tuesday after ANZ-Roy Morgan Consumer Confidence dropped 1.2 points to 74.7, 13.9 points below last year, while a stronger USD pressured the Australian currency.
From the US front, the economy recorded a trade deficit of $77.60 billion in May.
In Tuesday'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 Wednesday.
For the USD, the mild event will be the Consumer Inflation Expectations for June, due later in the day.
The AUD/USD pair was trading at 0.69534, with a 0.05% decline during Tuesday's American session at the time of writing.