The AUD/USD pair climbs to a two-week high on Friday, albeit struggles to capitalize on the momentum beyond a technically significant 200-day Simple Moving Average (SMA). The pair, however, maintains its bid tone through the early European session and trades around the 0.6725-0.6730 region, still up over 0.50% for the day.
A combination of factors prompts fresh selling around the US Dollar, which, in turn, allows the AUD/USD pair to prolong its upward trajectory witnessed since the beginning of the current week. Concerns about the banking sector in the US, along with the Federal Reserve’s (Fed) less hawkish outlook, fail to assist the USD to build on the previous day’s bounce from over a one-week low.
Investors remain worried about a full-blown US banking crisis and now fear that regional lender PacWest Bancorp could be the next potential domino to fall. The US central bank, meanwhile, outlined a more stringent and data-driven approach to hiking rates further. Moreover, Fed Chair Jerome Powell signaled that the central bank was close to hitting the terminal speed of the current tightening cycle.
Apart from this, concerns over the US debt ceiling and a modest recovery in the US equity markets undermine the safe-haven Greenback and benefit the risk-sensitive Aussie. That said, a further recovery in the US Treasury bond yields helps limit losses for the USD and keeps a lid on the AUD/USD pair ahead of Friday’s release of the closely-watched US monthly employment details.
The popularly known Nonfarm Payrolls (NFP) report is due for release later during the early North American session. This will be key in influencing the near-term USD price dynamics and provide some meaningful impetus to the AUD/USD pair. Nevertheless, spot prices remain on track to register solid weekly gains and snap a two-week losing streak heading into the critical data risk.
This Post Has 36 Comments
Corrugated Metal Pipes in Iraq: At Elite Pipe Factory in Iraq, we also specialize in the production of Corrugated Metal Pipes, which are designed for strength and resilience in heavy-duty applications. Our corrugated metal pipes are constructed to handle high loads and resist environmental stresses, making them suitable for use in stormwater management, road construction, and culverts. With our commitment to quality and innovation, Elite Pipe Factory ensures that these pipes provide exceptional performance and durability. As one of the leading and most trusted factories in Iraq, we pride ourselves on offering products that exceed expectations. Learn more about our Corrugated Metal Pipes on our website elitepipeiraq.com.
r5GIwMjTF0v
https://betovis34.net/ G3d5bDZthlX
Профессиональный сервисный центр по ремонту бытовой техники с выездом на дом.
Мы предлагаем: ремонт бытовой техники в москве
Наши мастера оперативно устранят неисправности вашего устройства в сервисе или с выездом на дом!
https://www.heritagefamilypantry.com/AZdBw5GRcoe
리액툰즈
궁전에서 Zhu Houzhao는 삶을 의심할 정도로 꾸중을 받았습니다.
geinoutime.com
따라서 저택의 배치 도면은 Xishan Jianyeli에서 불러올 수 있습니다.
緑イミソーレ
素晴らしい記事でした！とても感動しました。
geinoutime.com
그의 아버지는 몽둥이로 맞아 뼈를 남기지 않고 계곡 아래로 쓰러졌다고 한다.
押忍!サラリーマン番長(V2.2)
この記事は本当に心に響きました。素晴らしい内容です！
アイムジャグラーEX （2発1）(V2.2)
素敵な記事をありがとうございます。いつも楽しみにしています。
k8 カジノ 入金
このブログはいつも私の知識を広げてくれます。感謝しています。
k8 パチンコ レート
非常に興味深く、ためになる内容でした。また読みたいです。
麻雀物語 (V2.2)
非常に実用的で、具体的な例が豊富なのがとても役立ちます。
オンカジ k8
実践に即した素晴らしい記事です。大変参考になりました！
geinoutime.com
Zhu Houzhao는 그를 노려보며 성급하게 “가라”고 말했습니다.
k8 カジノ kyc 時間
この記事は本当に心に響きました。ありがとうございます。
dark net [url=https://mydarknetmarketlinks.com/ ]tor marketplace [/url] dark net
darkmarket list [url=https://mydarknetmarketlinks.com/ ]blackweb official website [/url] deep web drug store
darknet market lists [url=https://mydarkmarket.com/ ]darknet market links [/url] darknet market links
sandyterrace.com
“전하, 장관이 해냈습니다!” Fang Jifan이 자신있게 말했습니다.
qiyezp.com
Hongzhi 황제는 Zhu Houzhao를 딱딱한 표정으로 보았고 Zhu Houzhao는 겁에 질려 다시 쓰러졌습니다.
werankcities.com
Hongzhi 황제는 황실 전차에 앉아 온몸에 땀을 흘리며 뜨거운 얼굴이 약간 붉어졌습니다.
falbobrospizzamadison Missionary Style porn jkkıjxxx.U5ARApF2dR1
landuse Creampie porn lancdcuse.4HjE7ade0kG
jenniferroy ラティーナポルノ japanesexxporns.HChGpNSJ6tD
ladyandtherose DP porn backlinkseox.v8MpXBMhEru
goodhere Man Masturbating porn vurucutewet.VssOuFTg5Az
fashionflag porn video hd free download fashionflag.1V7uZ70sZki
Wow, amazing weblog layout! How long have you been running a blog
for? you make blogging look easy. The overall glance of your web site
is excellent, as well as the content material!
You can see similar here ecommerce
sex videos hd 4k download ggjgodherogg.PwaOZjYhx5V
Hey there! I could have sworn I’ve been to
this website before but after reading through some of the
post I realized it’s new to me. Anyways, I’m definitely glad I found it
and I’ll be book-marking and checking back frequently!
Hey there! This post could not be written any better! Reading this
post reminds me of my old room mate! He always kept chatting about this.
I will forward this write-up to him. Fairly certain he will have a
good read. Thank you for sharing!
Quality posts is the crucial to interest the viewers to pay a visit the
site, that’s what this website is providing.
I for all time emailed this weblog post page to all my friends, since if like
to read it after that my friends will too.
Right here is the right blog for anyone who would like to understand this topic. You realize so much its almost hard to argue with you (not that I actually will need toÖHaHa). You certainly put a brand new spin on a subject thats been discussed for years. Wonderful stuff, just great!