Australian Dollar treads water to hold position despite subdued Consumer Confidence

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Australian Dollar treads water to hold position despite subdued Consumer Confidence
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The Australian Dollar (AUD) continues to hold onto its gains registered in the previous session despite the subdued Westpac Consumer Confidence released on Tuesday.

Australia n Dollar holds ground amid improved risk appetite on Tuesday. Australia ’s Westpac Consumer Confidence fell by 2.4% in April, against the previous decline of 1.8%. US Dollar receives downward pressure as volatility prevails ahead of US CPI. The Australia n Dollar continues to hold onto its gains registered in the previous session despite the subdued Westpac Consumer Confidence released on Tuesday.

01% 0.02% -0.05% 0.00% -0.21% 0.00% CAD -0.06% -0.04% -0.04% -0.08% -0.03% -0.25% -0.05% AUD -0.01% 0.02% 0.02% 0.04% 0.03% -0.20% 0.02% JPY -0.03% 0.00% 0.00% 0.02% -0.02% -0.20% 0.00% NZD 0.17% 0.19% 0.20% 0.22% 0.15% 0.21% 0.18% CHF -0.03% 0.00% 0.00% 0.03% -0.02% 0.00% -0.20% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row.

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