The Australian dollar eased to around $0.657, sliding back toward two-month lows and facing renewed pressure from stronger greenback as robust US business activity data bolstered expectations that the Federal Reserve will not cut interest rates early this year. The Aussie also remained subdued even after China pledged to support its capital markets and People's Bank of China announced a surprise reduction to banks' reserve ratio in a bid to boost the world's second-largest economy. Domestically, investors digested data showing Australian private sector activity rose to a four-month high in January as manufacturing activity expanded, while services activity shrank for the fourth straight month. Elsewhere, Prime Minister Anthony Albanese said he would consult lawmakers to modify proposed tax cuts for higher earners.
Actual
EURUSD 1.08873 0.00043 0.04%
GBPUSD 1.27271 0.00041 0.03%
AUDUSD 0.65828 0.00068 0.10%
NZDUSD 0.61150 0.0005 0.08%
USDJPY 147.592 0.092 0.06%
USDCNY 7.16881 0.00811 0.11%
USDCHF 0.86355 0.00085 0.10%
USDCAD 1.35211 0.00009 -0.01%
USDMXN 17.2201 0.0101 0.06%
USDINR 83.0930 0.037 -0.04%
USDBRL 4.93350 0.0200 -0.40%
USDRUB 88.4675 0.278 -0.31%
USDKRW 1335.38 3.4000 0.26%
USDTRY 30.2812 0.0527 0.17%
DXY 103.246 0.01
<iframe src='https://d3fy651gv2fhd3.cloudfront.net/embed/?s=audusd&v=202401250740V20230410&h=300&w=600' height='300' width='600' frameborder='0' scrolling='no'></iframe><br />source: <a href='https://tradingeconomics.com/australia/currency'>tradingeconomics.com</a>Actual
EURUSD 1.08873 0.00043 0.04%
GBPUSD 1.27271 0.00041 0.03%
AUDUSD 0.65828 0.00068 0.10%
NZDUSD 0.61150 0.0005 0.08%
USDJPY 147.592 0.092 0.06%
USDCNY 7.16881 0.00811 0.11%
USDCHF 0.86355 0.00085 0.10%
USDCAD 1.35211 0.00009 -0.01%
USDMXN 17.2201 0.0101 0.06%
USDINR 83.0930 0.037 -0.04%
USDBRL 4.93350 0.0200 -0.40%
USDRUB 88.4675 0.278 -0.31%
USDKRW 1335.38 3.4000 0.26%
USDTRY 30.2812 0.0527 0.17%
DXY 103.246 0.01
