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May 30, 2023Overall, AUD/USD had a 0.03% move or 2 pips today and is currently trading at 0.6544.
United States Consumer Confidence data will be released today at 14:00 UTC, with an expected decline to 99.
At the same time, Australia Building Approvals (MoM) (Apr) released today at 01:30 UTC with a figure of -8.1, while the previous figure was -1.
Other currencies are also rising as GBP/NZD is up 0.52% to 2.0509. GBP/USD added 0.51% to its value, now trading at 1.2422. GBP/CAD is up 0.47%.
Also worthy of note, Australia Construction Work Done (QoQ) (Q1) scheduled to come out tomorrow at 01:30 UTC. Australia Consumer Price Index is expected tomorrow at 01:30 UTC. Australia Private Sector Credit figure is projected at 0.3%. It previously stood at 0.3%; data will be released tomorrow at 01:30 UTC.
Having set a peak of 0.7356 around 7 months ago, Aussie-Dollar is now trading 11.06% below this level.
