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Australia TD-MI Inflation Gauge (YoY): 3% (October) vs 2.6%

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Australia TD-MI Inflation Gauge (YoY): 3% (October) vs 2.6%

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AUD/USD gathers strength to near 0.6600 on weaker US Dollar

AUD/USD gathers strength to near 0.6600 on weaker US Dollar

AUD/USD positive aspects momentum to close 0.6595 throughout the early Asian session on Monday. The uptick of the pair is bolstered by the softer US Greenback after the weaker-than-expected US October Nonfarm Payrolls knowledge. Nevertheless, the uncertainty surrounding the US presidential election may increase the safe-haven flows and weigh on riskier property just like the Australian Greenback. 


AUD/USD News


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