Back
4 Jul 2013
AUD/USD consolidates near highs
FXstreet.com (Córdoba) - The AUD/USD managed to advance on Thursday, erasing the previous day losses, supported by the rise in stocks amid dovish central banks' comments.
AUD/USD clings to gains
However, AUD/USD found resistance after hitting a high of 0.9180 and pulled back slightly, having settled in a slim range during the last hours. At time of writing, AUD/USD is trading at the 0.9160 area, where it records a 0.8% gain on the day.
With US markets closed due to the Independence Day and ahead of the nonfarm payrolls report, trading will likely remain subdued over the next hours with pairs consolidating in recent ranges.
AUD/USD clings to gains
However, AUD/USD found resistance after hitting a high of 0.9180 and pulled back slightly, having settled in a slim range during the last hours. At time of writing, AUD/USD is trading at the 0.9160 area, where it records a 0.8% gain on the day.
With US markets closed due to the Independence Day and ahead of the nonfarm payrolls report, trading will likely remain subdued over the next hours with pairs consolidating in recent ranges.