- Australia is expanding its losing series by about 0.54%, slips nearly 0.6200 and approaching many weeks of minima.
- The six-day decrease in the steam will fall below the 20-day straight movable average, strengthening the short-term strength of the seller.
- Traders evaluate up-to-date tariff escalations, and President Trump threatens an additional 10% fee for Chinese imports.
- PCE data from the USA from January met expectations.
The Aud/USD pair shows fresh three -weekly lowest levels near 0.6200 in a Friday trading session after extending the lost series for the sixth day in a row. Australia was already under downward pressure throughout the week, but on Thursday on Thursday on Thursday on Thursday on Thursday the president (USA) of the President (USA) according to the proposal of the President of the United States (USA) in an additional 10% tariffs to China. Inflation data from the USA also took a central place with data on personal consumption (PCE) from the January meeting of expectations, as well as Trump’s meeting with the Ukrainian President.
Daily Digest Market Movers: His risk will capture Aussie among commercial voltage and destitute national indicators
- New 10% tariff threat of President Trump on Chinese goods related to duties, fueling concerns about further retaliation. Tariffs for Mexico and Canadian IDs are to take place next week.
- Australian private data on investment expenses unexpectedly shrunk by 0.2% quarter quarter in the fourth quarter of 2024, no forecast by 0.8%, emphasizing the weaker investment activity and undermining trust in the Australian economy.
- The deputy governor of the Australian Reserve Bank (RBA) Andrew Hauser repeats optimism for improving inflation, but emphasizes caution among the persistently tight conditions of the labor market and uncertain price trends.
- Throughout the Pacific, the basic indicator of the price of personal consumption of personal consumption took into account the key means of inflation of the federal reserve (FED), increased by 0.3% in January (month-month), matching expectations, because FED decision makers consider implications of ongoing commercial disputes.
- According to the sources of the White House, the President of the Ukrainian Volodymyr Zelenskyy rejected the “rare earthly agreement”, causing the irritated answer of Trump and vice president JD Vance.
- The established agreement aimed at exchanging a guarantee of defense of mineral access was considered ambiguous and insufficient to stop Russia’s invasion. Zelenskyy quoted a more favorable proposal for the European Union, additionally suppressing sentiments around the White House.
Technical perspectives AUD/USD: Sellers push below 20-day SMA when RSI is heading towards the negative zone
The Aud/USD pair dropped by about 0.54%to trade on Friday near 0.6200, extending the six-day lost series and loss of support from a 20-day straight movable average. The relative force indicator (RSI) floats at the bottom of the scale, which is suggested by a weakening momentum, while the histogram of movable medium convergence (MacD) shows decreasing green rods, reflecting the decreasing mountain pressure. Immediate support may appear around the 0.6150 zone, while the reflection would probably have resistance near the 20-day SMA if the risk moods improve or tariff fears.