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AUD/USD: Mixed sentiment probes bounce off monthly bottom around 0.7700
Markets consolidate Fed-led losses but sharp moves in equities posed risk. Aussie Import-Export Price Index recovered, US GDP matched downbeat expectations. Australia’s Q4 Producer Price Index can offer intermediate moves, risk catalysts will be the key.
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Spot gold prices saw whipsaw price action on Thursday, rallying from around $1840 to highs in the $1860s and back again. The rally tracked upside in silver as speculation grew about retail interest. Fundamentals seemed not to matter too much on Thursday.
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