AUD/USD surges above 0.7350 post-US Inflation figures By christianborjon AUDUSD Majors Macroeconomics
Russia-Ukraine talks, stuck with no advance, dampened the market mood.
The AUD/USD advance for the second straight day, after Wednesday’s sudden sentiment change amid lack of concreteof ceasefire or truce on the Russia-Ukraine conflict, as hostilities remain for the sixteenth consecutive day. At the time of writing, the AUD/USD is trading at 0.7338, slightly above Wednesday’s high.
Earlier in the Asian Pacific session, Australia reported Consumer Inflation Expectations for March increased from 4.6% to 4.9%, while Building Permits shrank severely, from 8.2% to -27.9%.
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