A slow down? After three days of going up, the Australian dollar is flat today, hovering around 0.7113.

Published: January 26 2023, 00:25 GMT+0

A slow down? After three days of going up, the Australian dollar is flat today, hovering around 0.7113.

After closing the previous trading day at 0.711, AUD/USD is up to 0.7113, which makes for a move of 0.04%/2 pips today.

This year has been a bright one for Aussie-Dollar after trading as low as 0.6213 and going on to appreciate by 4.53% year to date.

A look at other currencies also shows bullish price action as having closed the previous session at 1.6591, GBP/CAD is up 0.2% today to currently trade at around 1.6623.

Meanwhile, USD/JPY is down to 129.21, losing 29 pips, after closing at 129.51 in the preceding trading session. EUR/JPY is down 22 pips from the beginning of the session and now trades around 141.13.

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