{"id":100604,"date":"2020-05-28T11:01:38","date_gmt":"2020-05-28T15:01:38","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=100604"},"modified":"2020-05-28T15:11:48","modified_gmt":"2020-05-28T19:11:48","slug":"102399-aud-usd-aussie-rises-on-upbeat-lowe-comments-after-mixed-us-data","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/102399-aud-usd-aussie-rises-on-upbeat-lowe-comments-after-mixed-us-data\/","title":{"rendered":"AUD\/USD: Aussie Rises On Upbeat Lowe Comments &#038; After Mixed US Data"},"content":{"rendered":"<ul>\n<li><strong>RBA Governor Dr Lowe\u2019s encouraging comments lift Australian Dollar (AUD)<\/strong><\/li>\n<li><strong>US Dollar (USD) GDP -5% annually in Q1, vs -4.8% forecast<\/strong><\/li>\n<li><strong>Investors shrug off China\u2019s parliament backing HK security law<\/strong><\/li>\n<li><strong>At 15:15 UTC, AUD\/USD +0.3% at US$0.6645 &gt;&gt; <a href=\"https:\/\/currencylive.com\/exchange-rate\/aud-to-usd-exchange-rate-today\/\">Real time exchange rate<\/a><\/strong><\/li>\n<\/ul>\n<p>After a slow start the <a href=\"https:\/\/currencylive.com\/exchange-rate\/aud-australian-dollar-live-exchange-rate\/\">Australian Dollar<\/a> is moving higher versus its US counterpart, reversing losses from the previous session. The Aussie Dollar US Dollar exchange rate (AUD versus USD) settled on Wednesday -0.47% at US$0.6621.<\/p>\n<p>At 15:15 UTC, AUD\/USD is trading 0.3% higher at US$0.6645. This is at the upper end of the daily traded range of US$0.6589 \u2013 US$0.6655 following mixed US data and upbeat comments from Reserve Bank of Australia Governor Dr Philip Lowe.<\/p>\n<div class=\"su-button-center\"><a href=\"https:\/\/currencylive.com\/exchange-rate\/aud-to-usd-exchange-rate-today\/\" class=\"su-button su-button-style-flat button-internalbutton\" style=\"color:#ffffff;background-color:#f92658;border-color:#c81f47;border-radius:5px\" target=\"_self\"><span style=\"color:#ffffff;padding:0px 22px;font-size:17px;line-height:34px;border-color:#fb688b;border-radius:5px;text-shadow:none\"> Check real time AUD to USD exchange rate<\/span><\/a><\/div>\n<p>Earlier in the session, Dr Philip Lowe said that it may be possible that the downturn from the coronavirus crisis won\u2019t be as severe as feared, in an upbeat speech. Dr Lowe added that he didn\u2019t think negative interest rates work and that there was limited appetite for them. His comments were supportive of the Aussie dollar.<\/p>\n<p>A more positive sounding Dr Lowe, plus optimism surrounding the easing of lockdown measures across the globe is overshadowing rising US \u2013 Chinese tensions after China\u2019s parliament backed security legislation for Hong Kong. The move by China which would make it a crime to undermine Beijing\u2019s authority in the territory provoked comments from US Secretary of State Mike Pompeo questioning Hong Kong\u2019s political independence. Hong Kong is likely to lose its special trade status with the US.<\/p>\n<p>Whilst traders have been able to the shrug these developments off today, this is unlikely to be the end of the story. US \u2013 Chinese relations could dampen risk sentiment going forwards.<\/p>\n<p>The US Dollar was under pressure following a mixed bag of data. US GDP contracted by -5% on an annual rate in the first quarter, worse than the -4.8% forecast. Economists continue to expect a far worse outcome in the second quarter of the year.<\/p>\n<p>Durable goods orders showed a substantial decrease in April, falling by -17.2% in April. This beat analysts\u2019 expectations of a -19% decline and came following a -16.6% decline in March. The sharp drop was partly owing to the nosedive in orders for transportation equipment.<\/p>\n<p>Finally, US jobless claims revealed that and additional 2.1 million Americans filled for unemployment benefits, as forecast, bringing the total to over 40 million. As with recent weeks the US Dollar managed to brush these eye watering figures off, moving only mildly lower.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>RBA Governor Dr Lowe\u2019s encouraging comments lift Australian Dollar (AUD) US Dollar (USD) GDP -5% annually in Q1, vs -4.8% forecast Investors shrug off China\u2019s parliament backing HK security law At 15:15 UTC, AUD\/USD +0.3% at US$0.6645 &gt;&gt; Real time exchange rate After a slow start the Australian Dollar is moving higher versus its US [&hellip;]<\/p>\n","protected":false},"author":163946597,"featured_media":4453,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1547,1381],"tags":[1540,1541,2805,1409,1542,1397,1398],"class_list":["post-100604","post","type-post","status-publish","format-standard","has-post-thumbnail","category-aud","category-usd","tag-aud","tag-australian-dollar","tag-dr-lowe","tag-gdp","tag-rba","tag-us-dollar","tag-usd"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>AUD\/USD: Aussie Rises On Upbeat Lowe Comments &amp; After Mixed US Data - Currency Live<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/currencylive.com\/news\/102399-aud-usd-aussie-rises-on-upbeat-lowe-comments-after-mixed-us-data\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Fiona Cincotta\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102399-aud-usd-aussie-rises-on-upbeat-lowe-comments-after-mixed-us-data\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102399-aud-usd-aussie-rises-on-upbeat-lowe-comments-after-mixed-us-data\\\/\"},\"author\":{\"name\":\"Fiona Cincotta\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"headline\":\"AUD\\\/USD: Aussie Rises On Upbeat Lowe Comments &#038; After Mixed US Data\",\"datePublished\":\"2020-05-28T15:01:38+00:00\",\"dateModified\":\"2020-05-28T19:11:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102399-aud-usd-aussie-rises-on-upbeat-lowe-comments-after-mixed-us-data\\\/\"},\"wordCount\":461,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102399-aud-usd-aussie-rises-on-upbeat-lowe-comments-after-mixed-us-data\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100414-gbp-usd-uk-us-gdp-data-release.jpg\",\"keywords\":[\"aud\",\"australian dollar\",\"Dr Lowe\",\"gdp\",\"rba\",\"us dollar\",\"usd\"],\"articleSection\":[\"AUD\",\"USD\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102399-aud-usd-aussie-rises-on-upbeat-lowe-comments-after-mixed-us-data\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102399-aud-usd-aussie-rises-on-upbeat-lowe-comments-after-mixed-us-data\\\/\",\"name\":\"AUD\\\/USD: Aussie Rises On Upbeat Lowe Comments & After Mixed US Data - Currency Live\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102399-aud-usd-aussie-rises-on-upbeat-lowe-comments-after-mixed-us-data\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102399-aud-usd-aussie-rises-on-upbeat-lowe-comments-after-mixed-us-data\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100414-gbp-usd-uk-us-gdp-data-release.jpg\",\"datePublished\":\"2020-05-28T15:01:38+00:00\",\"dateModified\":\"2020-05-28T19:11:48+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102399-aud-usd-aussie-rises-on-upbeat-lowe-comments-after-mixed-us-data\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/currencylive.com\\\/news\\\/102399-aud-usd-aussie-rises-on-upbeat-lowe-comments-after-mixed-us-data\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102399-aud-usd-aussie-rises-on-upbeat-lowe-comments-after-mixed-us-data\\\/#primaryimage\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100414-gbp-usd-uk-us-gdp-data-release.jpg\",\"contentUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100414-gbp-usd-uk-us-gdp-data-release.jpg\",\"width\":725,\"height\":400,\"caption\":\"gdp-gross-domestic-product\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102399-aud-usd-aussie-rises-on-upbeat-lowe-comments-after-mixed-us-data\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/currencylive.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"AUD\\\/USD: Aussie Rises On Upbeat Lowe Comments &#038; After Mixed US Data\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/\",\"name\":\"Currency Live\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/currencylive.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\",\"name\":\"Fiona Cincotta\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/79afd1dde0d7ad291707268bbcdb9fdb41b2dd29f8088c8cfe9c67cd2a1de0e4?s=96&d=blank&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/79afd1dde0d7ad291707268bbcdb9fdb41b2dd29f8088c8cfe9c67cd2a1de0e4?s=96&d=blank&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/79afd1dde0d7ad291707268bbcdb9fdb41b2dd29f8088c8cfe9c67cd2a1de0e4?s=96&d=blank&r=g\",\"caption\":\"Fiona Cincotta\"},\"description\":\"Editor - Senior Financial Market Analyst Through over a decade\u2019s experience analysing and reporting on global currency markets, Fiona has a gained a deep understanding of the fundamental drivers of currencies. She is regularly quoted by international news organisations including Financial Times, Reuters and Bloomberg. Fiona is a familiar face after years of appearances on BBC, Sky News and Fox Business News.\",\"sameAs\":[\"https:\\\/\\\/www.linkedin.com\\\/in\\\/fiona-cincotta-bb4a4845\\\/\"],\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/author\\\/fiona-cincotta\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"AUD\/USD: Aussie Rises On Upbeat Lowe Comments & After Mixed US Data - Currency Live","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/currencylive.com\/news\/102399-aud-usd-aussie-rises-on-upbeat-lowe-comments-after-mixed-us-data\/","twitter_misc":{"Written by":"Fiona Cincotta","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/currencylive.com\/news\/102399-aud-usd-aussie-rises-on-upbeat-lowe-comments-after-mixed-us-data\/#article","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/102399-aud-usd-aussie-rises-on-upbeat-lowe-comments-after-mixed-us-data\/"},"author":{"name":"Fiona Cincotta","@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/8ef0fafb6c93f1204150bb907b42cfec"},"headline":"AUD\/USD: Aussie Rises On Upbeat Lowe Comments &#038; After Mixed US Data","datePublished":"2020-05-28T15:01:38+00:00","dateModified":"2020-05-28T19:11:48+00:00","mainEntityOfPage":{"@id":"https:\/\/currencylive.com\/news\/102399-aud-usd-aussie-rises-on-upbeat-lowe-comments-after-mixed-us-data\/"},"wordCount":461,"image":{"@id":"https:\/\/currencylive.com\/news\/102399-aud-usd-aussie-rises-on-upbeat-lowe-comments-after-mixed-us-data\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100414-gbp-usd-uk-us-gdp-data-release.jpg","keywords":["aud","australian dollar","Dr Lowe","gdp","rba","us dollar","usd"],"articleSection":["AUD","USD"],"inLanguage":"en-US","copyrightYear":"2020","copyrightHolder":{"@id":"https:\/\/currencylive.com\/news\/#organization"}},{"@type":"WebPage","@id":"https:\/\/currencylive.com\/news\/102399-aud-usd-aussie-rises-on-upbeat-lowe-comments-after-mixed-us-data\/","url":"https:\/\/currencylive.com\/news\/102399-aud-usd-aussie-rises-on-upbeat-lowe-comments-after-mixed-us-data\/","name":"AUD\/USD: Aussie Rises On Upbeat Lowe Comments & After Mixed US Data - Currency Live","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/currencylive.com\/news\/102399-aud-usd-aussie-rises-on-upbeat-lowe-comments-after-mixed-us-data\/#primaryimage"},"image":{"@id":"https:\/\/currencylive.com\/news\/102399-aud-usd-aussie-rises-on-upbeat-lowe-comments-after-mixed-us-data\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100414-gbp-usd-uk-us-gdp-data-release.jpg","datePublished":"2020-05-28T15:01:38+00:00","dateModified":"2020-05-28T19:11:48+00:00","author":{"@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/8ef0fafb6c93f1204150bb907b42cfec"},"breadcrumb":{"@id":"https:\/\/currencylive.com\/news\/102399-aud-usd-aussie-rises-on-upbeat-lowe-comments-after-mixed-us-data\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/currencylive.com\/news\/102399-aud-usd-aussie-rises-on-upbeat-lowe-comments-after-mixed-us-data\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/currencylive.com\/news\/102399-aud-usd-aussie-rises-on-upbeat-lowe-comments-after-mixed-us-data\/#primaryimage","url":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100414-gbp-usd-uk-us-gdp-data-release.jpg","contentUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100414-gbp-usd-uk-us-gdp-data-release.jpg","width":725,"height":400,"caption":"gdp-gross-domestic-product"},{"@type":"BreadcrumbList","@id":"https:\/\/currencylive.com\/news\/102399-aud-usd-aussie-rises-on-upbeat-lowe-comments-after-mixed-us-data\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/currencylive.com\/news\/"},{"@type":"ListItem","position":2,"name":"AUD\/USD: Aussie Rises On Upbeat Lowe Comments &#038; After Mixed US Data"}]},{"@type":"WebSite","@id":"https:\/\/currencylive.com\/news\/#website","url":"https:\/\/currencylive.com\/news\/","name":"Currency Live","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/currencylive.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/8ef0fafb6c93f1204150bb907b42cfec","name":"Fiona Cincotta","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/79afd1dde0d7ad291707268bbcdb9fdb41b2dd29f8088c8cfe9c67cd2a1de0e4?s=96&d=blank&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/79afd1dde0d7ad291707268bbcdb9fdb41b2dd29f8088c8cfe9c67cd2a1de0e4?s=96&d=blank&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/79afd1dde0d7ad291707268bbcdb9fdb41b2dd29f8088c8cfe9c67cd2a1de0e4?s=96&d=blank&r=g","caption":"Fiona Cincotta"},"description":"Editor - Senior Financial Market Analyst Through over a decade\u2019s experience analysing and reporting on global currency markets, Fiona has a gained a deep understanding of the fundamental drivers of currencies. She is regularly quoted by international news organisations including Financial Times, Reuters and Bloomberg. Fiona is a familiar face after years of appearances on BBC, Sky News and Fox Business News.","sameAs":["https:\/\/www.linkedin.com\/in\/fiona-cincotta-bb4a4845\/"],"url":"https:\/\/currencylive.com\/news\/author\/fiona-cincotta\/"}]}},"jetpack_featured_media_url":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100414-gbp-usd-uk-us-gdp-data-release.jpg","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/100604","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/users\/163946597"}],"replies":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/comments?post=100604"}],"version-history":[{"count":4,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/100604\/revisions"}],"predecessor-version":[{"id":100613,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/100604\/revisions\/100613"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/media\/4453"}],"wp:attachment":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/media?parent=100604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/categories?post=100604"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/tags?post=100604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}