The Australian Dollar (AUD) edges lower on Monday, trading around its six-month high of 0.6798 recorded on Thursday.
The Australia n Dollar could lose ground due to weaker-than-expected GDP data from China . China ’s GDP grew 4.7% in Q2, compared to the previous expansion of 5.3% and expected 5.1%. The US Dollar improves due to improved risk aversion following the attempted assassination of former US President Trump on Saturday. The Australia n Dollar edges lower on Monday, trading around its six-month high of 0.6798 recorded on Thursday. In China , a close trade partner of Australia , Gross Domestic Product grew 4.
Further support is seen near the lower boundary of the ascending channel at 0.6690. A break below this level could push the AUD/USD pair toward the throwback support at 0.6590. AUD/USD: Daily Chart Australian Dollar PRICE Today The table below shows the percentage change of Australian Dollar against listed major currencies today. Australian Dollar was the weakest against the US Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD 0.17% 0.16% -0.05% 0.05% 0.16% 0.20% 0.16% EUR -0.17% 0.03% -0.02% 0.09% 0.
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