Australian Dollar To US Dollar (AUD/USD) Climbed To A High Last Seen On May 6 | ICM.COM

S&P 500 Index Potentially Return To Its Bearish Area

AUD/USD rose to the high of 0.7134 on Friday's Asian session following the release of Retail Sales data that matched market forecasts. The market assumes that it is due to the fresh monthly low of the US Dollar Index (DXY).

1 AUD To USD | Australian Dollar

How Weak US Dollar (USD) Can Affect AUD/USD?

The weakness of the US Dollar Index may lift AUD/USD ahead of the US Core Personal Consumption Expenditure (PCE) Price Index for April later today, expected at 4.9% YoY versus 5.2% prior.

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S&P 500 Index Potentially Return To Its Bearish Area

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