AUD/USD trims gains after strong US NFP

AUD/USD trims gains after strong US NFP

AUD/USD reverses earlier gains on Friday as stronger-than-expected US Nonfarm Payrolls (NFP) data supports the US Dollar (USD), adding modest pressure on the Australian Dollar (AUD), while price action remains subdued amid thin liquidity due to the Good Friday holiday. At the time of writing, AUD/USD is trading around 0.6900, after touching an intraday high […]

AUD/USD eases towards 0.6900 heading into the US NFP release

AUD/USD eases towards 0.6900 heading into the US NFP release

The Australian Dollar’s (AUD) recovery attempt against the US Dollar (USD) has been capped a few pips ahead of the 0.6920 level. The pair has been trimming gains on Friday, returning to the 0.6900 area at the time of writing, with all eyes on the release of the US Nonfarm Payrolls report. A moderate risk […]