Partly reflecting a spike in the output of motor vehicles and parts, the Federal Reserve released a report on Friday showing U.S. industrial production increased by much more than expected in the month of March.
After reporting an unexpected contraction in New York manufacturing activity in the previous month, the Federal Reserve Bank of New York released a report on Friday showing a substantial rebound in activity in the month of April.
AUDUSD gets hit and looks at toward the double bottom near 0.73155
Covid, China growth, risk off sentiment hurting the AUDUSD
The AUDUSD is getting hit on the back of Covid, China growth, risk off sentiment as US stocks moved to new session lows.
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