Australian January consumer confidence -0.7% m/m to 92.1 ...Middle East

-0.7% m/m

prior –2.0%

prior 92.8

This is a monthly report. We had the weekly confidence data earlier, dropping also:

Australian weekly consumer confidence survey fell to 87.1 (prior 87.5)

Trump's tariff team studying gradual hikes of 2 to 5% per monthUSD losing ground on the 'gradual' tariff story

The USD is weaker on this catalyst. AUD/USD higher, for example:

This article was written by Eamonn Sheridan at www.forexlive.com.

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