Australian Dollar steadies as traders await US PMI data, 0.6600 in focus
The Australian Dollar (AUD) holds near 0.6590 against the US Dollar (USD) on Friday, consolidating after recent losses. The pair remains steady following the release of Australia’s latest economic data, with traders cautious ahead of key US PMI figures. Australia’s September Composite PMI fell to 52.4 from 55.5 in August, marking a full year of […]
GBP/USD extends gains above 1.3430 as US shutdown weighs on Dollar
The GBP/USD pair advances modestly to around 1.3435 during Friday’s Asian session, supported by weakness in the US Dollar (USD). The Greenback comes under pressure as signs of a slowing US labor market emerge and the federal government enters a shutdown. Notably, the September Nonfarm Payrolls (NFP) report will not be released due to the […]