The United States will publish CPI and core CPI on September 11, at 15:30 MT time.
Positive news from the US-China trade front is moving the aussie
The Australian dollar gained on the news that China considers buying more agricultural goods from the US. On H4, AUD/USD has risen higher above the 0.7022 level and is currently targeting the resistance at 0.7047. The next key level for bulls will lie at 0.7061. If the rise is limited, the pair will fall to the 0.7011 level. The next support will lie at 0.7.
The market sentiment is mixed as investors weigh US stimulus package against the rising infections and worse-than-expected US unemployment claims. Jump in for fresh analysis of EUR/USD, USD/JPY, S&P 500 and gold!
US Initial jobless claims will be announced on Thursday at 15:30 MT time.
The US dollar has broken through the key resistance, it failed to cross since March so far. Riskier assets are dipping. Let’s discuss it in detail.