AUD/USD ATTEMPTS RECOVERY ABOVE 0.6300 AMID WEAKER US DOLLAR

AUD/USD ATTEMPTS RECOVERY ABOVE 0.6300 AMID WEAKER US DOLLAR
AUD/USD ATTEMPTS RECOVERY ABOVE 0.6300 AMID WEAKER US DOLLAR

AUD/USD is trying to recover above 0.6300 during the Asian session on Monday.

The US Dollar is weaker due to concerns over a potential US economic slowdown caused by President Trump's tariffs.

This weakens the US Dollar, helping the AUD/USD pair.

However, disappointing inflation data from China is putting some pressure on the Australian Dollar.

Read more