{"id":91706,"date":"2023-10-30T23:09:23","date_gmt":"2023-10-30T19:09:23","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=91706"},"modified":"2023-10-30T23:11:30","modified_gmt":"2023-10-30T19:11:30","slug":"aud-usd-receives-some-support-on-positive-australian-data","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/aud-usd-receives-some-support-on-positive-australian-data\/10\/30\/market-updates\/","title":{"rendered":"AUD\/USD receives some support on positive Australian data"},"content":{"rendered":"\n<p>The AUD\/USD pair is trading near 0.6375 as investors prepare for a mid-week Fed rate decision. The AUD has gained strength due to positive Australian data, such as Australian Retail Sales exceeding forecasts. September&#8217;s retail sales showed a 0.9% increase, significantly higher than the 0.3% estimate. <br><br>US investors are anxiously awaiting the Federal Reserve&#8217;s most recent statement, which is expected to be released on Wednesday. A possible rate hike by the Fed at the end of 2023 in December is another expectation, given US data showing a strengthening economy despite the Fed&#8217;s zero percent policy. <br><br>Investors are looking ahead to a potential rate hike from the Fed in December to close out 2023, as US data shows a firming-up economy despite restrictive monetary policy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The AUD\/USD pair is trading near 0.6375 as investors prepare for a mid-week Fed rate decision. The AUD has gained strength due to positive Australian data, such as Australian Retail Sales exceeding forecasts. September&#8217;s retail sales showed a 0.9% increase, significantly higher than the 0.3% estimate. US investors are anxiously awaiting the Federal Reserve&#8217;s most &hellip;<\/p>\n","protected":false},"author":13,"featured_media":70959,"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":[7063,6885,7580],"class_list":["post-91706","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-aud-usd","tag-fed","tag-monetary-policy"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/91706","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\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=91706"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/91706\/revisions"}],"predecessor-version":[{"id":91711,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/91706\/revisions\/91711"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/70959"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=91706"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=91706"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=91706"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}