AUD/USD trades lower around 0.6650 amid unexpectedly weak China data

AUD/USD trades lower around 0.6650 amid unexpectedly weak China data

The AUD/USD pair trades 0.10% lower to near 0.6645 during the Asian trading session on Monday. The Aussie pair is under pressure as the National Bureau of Statistics of China has reported unexpectedly weak Chinese Retail Sales and Industrial Production data for November.

AUD/USD trades lower around 0.6650 amid unexpectedly weak China data

AUD/USD trades lower around 0.6650 amid unexpectedly weak China data

The AUD/USD pair trades 0.10% lower to near 0.6645 during the Asian trading session on Monday. The Aussie pair is under pressure as the National Bureau of Statistics of China has reported unexpectedly weak Chinese Retail Sales and Industrial Production data for November.

Disney becomes OpenAI’s newest partner

The streaming giant Disney has announced earlier this week a $1bn equity investment in the AI prodigy OpenAI, becoming the latest colossus to jump on the artificial intelligence bandwagon. OpenAI’s video generation engine, Sora, raised eyebrows since its launch in December of 2024 and has amassed a large audience, not only from end-users, but also […]

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