Comments from ANZ on the ANZ Roy Morgan Consumer Confidence index for Australia:
- maintained most of its new year gains, falling just 0.4pts.
- Confidence about household finances over the next 12mths has jumped 7.8pts since the end of 2024
This data tends not to be AUD mover.
AUD/USD is higher on 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
This article was written by Eamonn Sheridan at www.forexlive.com.
