AUD/USD Eyes Chinese Inflation Amid Iron Ore Strength, US Dollar Fragility
Summary
By sueyangfx.com May 11, 2021 at 12:41AM AUD/USD is slightly weaker but remains near multi-month highs as the currency pair eyes Chinese inflation data amid surging iron ore prices and a weak US Dollar.
More On DailyFX - Market News
- US Dollar Price Action: Hawkish Powell and Potential Month-End USD Buying
- British Pound Falls, US Dollar Soars on Fed. Will Boris Johnson Issues Drag GBP/USD?
- British Pound Falls, US Dollar Soars on Fed. Will Boris Johnson Issues Drag GBP/USD?
- Gold Price Crumbles After Hawkish Fed Boosted US Dollar. Where to for XAU/USD?
- Supportive USD Fundamentals and DXY Setup Ahead of FOMC
May 11, 2021 at 12:41AM
AUD/USD is slightly weaker but remains near multi-month highs as the currency pair eyes Chinese inflation data amid surging iron ore prices and a weak US Dollar.