{"id":107469,"date":"2020-12-28T14:05:21","date_gmt":"2020-12-28T14:05:21","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=107469"},"modified":"2020-12-28T15:58:36","modified_gmt":"2020-12-28T15:58:36","slug":"105123-aud-usd-sheds-gains-choppy-trading-continues","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/105123-aud-usd-sheds-gains-choppy-trading-continues\/","title":{"rendered":"AUD\/USD Sheds Gains, Choppy Trading Continues"},"content":{"rendered":"<ul>\n<li class=\"s6\"><span class=\"s5\"><span class=\"bumpedFont15\">AUD\/USD fits itself in a narrow range.<br \/>\n<\/span><\/span><\/li>\n<li class=\"s6\">Trump lifts markets with an unexpected move over the weekend.<\/li>\n<li class=\"s6\">Holiday season affects volume.<\/li>\n<\/ul>\n<p class=\"s9\"><span class=\"s5\"><span class=\"bumpedFont15\">AUD\/USD sheds<\/span><\/span><span class=\"s5\"><span class=\"bumpedFont15\"> its gains<\/span><\/span><span class=\"s5\"><span class=\"bumpedFont15\"> made in the early European session and moved into the <\/span><\/span><span class=\"s5\"><span class=\"bumpedFont15\">red, down 0.05 Percent to trade near 0.7595 just ahead of the US market open. The intraday move saw the pair registering a high of 0.7623 before the slide.<\/span><\/span><\/p>\n<p class=\"s9\"><span class=\"s5\"><span class=\"bumpedFont15\">The US President Trump&#8217;s unexpected signing of the relief bill triggered a risk-on rally across the <\/span><\/span><span class=\"s5\"><span class=\"bumpedFont15\">globe and dollar selling. The successful agreement between the UK and the EU regarding the trade terms after Britain&#8217;s exit from the EU also gave momentum to the bulls. <\/span><\/span><span class=\"s5\"><span class=\"bumpedFont15\">Brexit<\/span><\/span><span class=\"s5\"><span class=\"bumpedFont15\">-deal<\/span><\/span><span class=\"s5\"><span class=\"bumpedFont15\"> signing on the <\/span><\/span><span class=\"s5\"><span class=\"bumpedFont15\">Christmas-eve<\/span><\/span><span class=\"s5\"><span class=\"bumpedFont15\"> after months of negotiations, after the talk<\/span><\/span><span class=\"s5\"><span class=\"bumpedFont15\">s many a time earlier moving into the precipice of complete failure, relieved the risk-bulls.<\/span><\/span><\/p>\n<p class=\"s9\"><span class=\"s5\"><span class=\"bumpedFont15\">The low-<\/span><\/span><span class=\"s5\"><span class=\"bumpedFont15\">volume trading environment due to the ongoing holiday season prevented any significant moves in the market. The risk-on money flow pushed the AUD up, only<\/span><\/span><span class=\"s5\"><span class=\"bumpedFont15\"> to find a lack <\/span><\/span><span class=\"s5\"><span class=\"bumpedFont15\">of <\/span><\/span><span class=\"s5\"><span class=\"bumpedFont15\">follow-up buying.<\/span><\/span><\/p>\n<p class=\"s9\"><span class=\"s5\"><span class=\"bumpedFont15\">S&amp;P 500 f<\/span><\/span><span class=\"s5\"><span class=\"bumpedFont15\">utures trades with a 0.73 Percent gain to touch 3,722; DXY is slightly in the red at 90.26.<\/span><\/span><\/p>\n<p class=\"s9\"><span class=\"s5\"><span class=\"bumpedFont15\">The US and Australian economic docket are light ahead without any significant releases, and the AUD\/USD might play-out<\/span><\/span> <span class=\"s5\"><span class=\"bumpedFont15\">a sideways trading action today.<\/span><\/span><\/p>\n<p>At the time of writing, one Australian dollar buys 0.7588, down -0.07% as of 02:05 PM UTC.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>AUD\/USD fits itself in a narrow range. Trump lifts markets with an unexpected move over the weekend. Holiday season affects volume. AUD\/USD sheds its gains made in the early European session and moved into the red, down 0.05 Percent to trade near 0.7595 just ahead of the US market open. The intraday move saw the [&hellip;]<\/p>\n","protected":false},"author":163946612,"featured_media":3825,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1547,1381],"tags":[1540,2415,1712],"class_list":{"0":"post-107469","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-aud","8":"category-usd","9":"tag-aud","10":"tag-aud-usd","11":"tag-donald-trump"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>AUD\/USD Sheds Gains, Choppy Trading Continues - 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\/105123-aud-usd-sheds-gains-choppy-trading-continues\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Stelian Olar\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105123-aud-usd-sheds-gains-choppy-trading-continues\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105123-aud-usd-sheds-gains-choppy-trading-continues\\\/\"},\"author\":{\"name\":\"Stelian Olar\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/c83637dd6dc82bcaadbc8b6c994d1186\"},\"headline\":\"AUD\\\/USD Sheds Gains, Choppy Trading Continues\",\"datePublished\":\"2020-12-28T14:05:21+00:00\",\"dateModified\":\"2020-12-28T15:58:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105123-aud-usd-sheds-gains-choppy-trading-continues\\\/\"},\"wordCount\":235,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105123-aud-usd-sheds-gains-choppy-trading-continues\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100156-gbp-aud-drop-reaction.jpg\",\"keywords\":[\"aud\",\"aud\\\/usd\",\"Donald Trump\"],\"articleSection\":[\"AUD\",\"USD\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105123-aud-usd-sheds-gains-choppy-trading-continues\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105123-aud-usd-sheds-gains-choppy-trading-continues\\\/\",\"name\":\"AUD\\\/USD Sheds Gains, Choppy Trading Continues - 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