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March 17, 2023After closing the previous trading day at 0.6658, AUD/USD is up to 0.6706, which makes for a move of 0.72%/47 pips today.
Elsewhere, other currency pairs are also gaining ground as having closed the previous session at 0.6194, NZD/USD is up 1.25% today to currently trade at around 0.6272.
Meanwhile, after ending yesterday's session at 133.59, USD/JPY lost 158 pips and is trading around 132. GBP/NZD closed at 1.9424 (down 0.6%).
Furthermore, the market is looking at Australia CFTC AUD speculative net positions scheduled to come out today at 20:30 UTC.
The currency pair has been trending lower for about 28 days. The Australian dollar is now trading 7.15% away from its significant low of 0.6213 first tested 4 months ago.
