{"id":32029,"date":"2020-07-29T12:48:00","date_gmt":"2020-07-29T08:48:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=32029"},"modified":"2020-07-29T11:29:07","modified_gmt":"2020-07-29T07:29:07","slug":"aud-usd-jumps-to-test-15-month-highs","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/aud-usd-jumps-to-test-15-month-highs\/07\/29\/market-updates\/","title":{"rendered":"AUD\/USD Jumps to Test 15-Month Highs"},"content":{"rendered":"\n<p>AUD\/USD is trying to test 15-month highs at 0.7183 for the third consecutive session on Wednesday with support from selling-off in the US dollar. The Australian dollar bounced from its daily low of 0.7149 for a short period after the CPI data came in against expectations in the Q2 in Australia. The data came in at -0.1% compared to the previous quarter + 0.1% with the Australian dollar affected by the increasing Covid-19 cases.<\/p>\n\n\n\n<p>The bulls quickly regained control as the US currency fell near two-year lows and remains weak against major competitors with the dwindling economic recovery in the United States and an increase in Covid-19 cases.<\/p>\n\n\n\n<p>The Federal Reserve ends its two-day meeting on Wednesday and it could hint at a more pessimistic stance amid prospects for economic growth faltering as markets fear that the Fed will push real interest rates deep in negative territory alongside declining US consumer confidence.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>AUD\/USD is trying to test 15-month highs at 0.7183 for the third consecutive session on Wednesday with support from selling-off in the US dollar. The Australian dollar bounced from its daily low of 0.7149 for a short period after the CPI data came in against expectations in the Q2 in Australia. The data came in &hellip;<\/p>\n","protected":false},"author":9,"featured_media":31738,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[7063],"class_list":["post-32029","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-aud-usd"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/32029","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=32029"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/32029\/revisions"}],"predecessor-version":[{"id":32030,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/32029\/revisions\/32030"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31738"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=32029"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=32029"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=32029"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}