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USD: Holds Steady After Wall St. Gains
The dollar was little changed after U.S. equities closed higher, with traders awaiting key European and UK data releases.
- AUD/USD traded narrowly between 0.65125–0.6535, ending the week at 0.6525.
- NZD/USD touched 0.5948 before recovering slightly.
- EUR/USD dipped to 1.16295, while GBP/USD hit 1.34235 lows before rebounding.
AUD: Choppy Trade Before Asia Open
AUD/USD traded in a volatile 0.6490–0.6541 range overnight, closing near 0.6520 ahead of the Asian session. Early gains driven by positive risk sentiment faded after London’s rate set, with the pair briefly touching new lows before stabilising.
Key Economic Data Ahead (Sydney Time)
General Market
Wall Street
Equities closed firmly higher:
- Nasdaq +1.0%
- S&P 500 +0.8%
- Dow Jones +0.5%
U.S. 10-year yields rose 3bps to 4.28%; Brent crude fell 0.7% to $66.25/bbl.
Asia-Pacific
Mixed performance: Hang Seng -0.9%, Shenzhen -0.2%, Nikkei +1.8%, ASX 200 -0.3%.
Europe
Open mixed: CAC +0.3%, Stoxx +0.2%, DAX -0.1%, FTSE -0.1%.
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