10 Apr 2023, 15:15 · Views 66

AUD/USD is oscillating around 0.6660 as investors are still digesting the US Employment data.
S&P500 settled the week with marginal gains as investors were anxious about US NFP data, which portrayed a quiet market mood.
Chinese annual inflation is expected to soften to 0.1% vs. 1.0%, indicating bleak demand from households.
The AUD/USD pair continuously trading sideways around 0.6660 in the Asian session. The Aussie asset is likely to continue the lackluster performance amid an extended weekend led by Easter Monday celebrations in Australia. While investors are expected to discount sluggish United States Employment data released on Friday.
S&P500 futures settled the week with marginal gains as investors were anxious about US Nonfarm Payrolls (NFP) data, portrayed a quiet market mood. The US Dollar Index (DXY) remained sideways around 102.00 after US NFP-inspired volatility as investors are required to scrutiny the entire US employment gamut for further action.

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AUD/USD REMAINS SIDEWAYS AROUND 0.6660 AMID EXTENDED WEEKEND, CHINA INFLATION EYED (I)