AUD/USD posts light gains on a low-volatility day, ranging between 0.692 – 0.6996 and is now at 0.6942.
This move comes while some more positive signs for Aussie-Dollar are out as following a previous reading of 4.14 million, Crude Oil Inventories in United States released yesterday at 15:30 UTC fell short of the 2.46 million figure expected by analysts with an actual reading of 2.42 million.
Meanwhile, United States 10-Year Note Auction released yesterday at 18:01 UTC with a figure of 3.613, while the previous figure was 3.575. United States Cushing Crude Oil Inventories came out at 1 million.
Elsewhere, other currency pairs are also gaining ground as EUR/JPY goes up 0.22% to trade around 141.04. GBP/JPY added 0.19% to its value, now trading at 158.79. USD/JPY climbs 0.13% to trade around 131.5.
Furthermore, the market is looking at Australia AIG Manufacturing Index (Dec) is scheduled for today at 21:30 UTC. Australia RBA Monetary Policy Statement is expected tomorrow at 00:30 UTC. Australia CFTC AUD speculative net positions will be released tomorrow at 20:30 UTC.
Having set a significant low of 0.6213 3 months ago, Aussie-Dollar is trading 11.5% higher.