Forex
globalreutersJanuary 13, 20251 Mins read
Australian January consumer confidence -0.7% m/m to 92.1
globalreutersJanuary 13, 20251 Mins read Australia Westpac Consumer Confidence for January 2024
-0.7% m/m
- prior –2.0%
The index drops to 92.1
- prior 92.8
This is a monthly report. We had the weekly confidence data earlier, dropping also:
The big news, moving markets, is not this data, it’s the ‘gradual’ tariff plan news:
- Trump’s tariff team studying gradual hikes of 2 to 5% per month
- USD losing ground on the ‘gradual’ tariff story
The USD is weaker on this catalyst. AUD/USD higher, for example:
This article was written by Eamonn Sheridan at www.forexlive.com.
Related Articles
UK Chancellor Reeves: UK remains committed to fiscal rules at all times. GBPUSD still down
UK Chancellor of the Exchequer Rachel Reeves is being grilled by members...
Geopolitics: Israel/Hamas cease-fire could be struck as soon as Tuesday or Wednesday
In the daily update of the Israel/Hamas cease-fire news: A cease-fire could...
Reuters poll: US 10 year yield is likely to surpass 5% mark in 2025
A Reuters poll shows: 24 of 36 bond strategist see US 10...
British Pound Futures Analysis for Today
TradeCompass: British Pound Futures Analysis – 14 January 2025Financial Instrument: British Pound...
Leave a comment