NEW York Session

AUD/USD is drawing attention after Australian inflation eased less than expected, strengthening the case for a more hawkish interest rate outlook. Traders are now watching US Core PCE, Preliminary GDP and nearby technical levels that could decide whether the pair extends its advance or pulls back.

GBP/USD remains trapped between 1.3400 and 1.3500, with US Dollar softness offering support but nearby technical levels limiting momentum. Friday’s US jobs, earnings and unemployment data could decide whether cable finally breaks higher or keeps rewarding short-term range traders.