The AUD/USD currency pair is trading 0.10% lower, hovering around the 0.6645 mark during the Asian session on Monday. This decline comes as the National Bureau of Statistics of China released disappointing figures for November, showing unexpectedly weak Retail Sales and Industrial Production data. The lackluster performance from China has raised concerns about demand, impacting the Australian dollar.
As traders react to the news, the exchange rate reflects increased pressure on the Aussie, which is sensitive to economic developments in China due to their close trading relationship. Market participants will be closely monitoring further data releases and geopolitical developments that could influence the AUD/USD trajectory in the coming days, particularly as the USD remains a focal point for investors navigating the forex landscape.
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Data Source: FX Killer Analysis Team Updated: 2025-12-15 03:41
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.