- AUD / USD continues to rise in the American session.
- The major Wall Street indices are trading in positive territory.
- The US dollar index falls to its lowest level since early September.
The pair AUD/USD it retained its bullish momentum during US trading hours on Friday and touched its highest level in nearly three months at 0.7399. At time of writing, the pair was up 0.43% on the day at 0.7393.
The USD continues to weaken against its rivals
For most of the day, the US Dollar Index (DXY) traded sideways near 92.00. With the major Wall Street indices starting the last day of the week in positive territory, the dollar came under renewed downward pressure and the DXY fell to its lowest level since early September.
At the moment, the DXY is down 0.22% on the day at 91.78 and the S&P 500 Index is up 0.33%. Additionally, the Nasdaq Composite is trading at a new all-time high of 12,297, advancing 1.2%.
No macroeconomic data will be released for the remainder of the day and the US equity and bond markets will close early in observance of the Thanksgiving holiday.
Technical levels
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