United States MBA Mortgage Applications down to -6% in September 25 from previous -1.5%

Australian Dollar clings to early recovery near 0.6970, US data takes centre stage

The Australian Dollar (AUD) holds onto its early recovery move at around 0.6970 against the US Dollar (USD) during the European trading session on Wednesday. Still, the Aussie pair is down 0.19% to near 0.6970.
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Gold struggles for direction ahead of Fed’s preferred PCE inflation data

Gold (XAU/USD) trades little changed on Wednesday, consolidating the previous day’s gains after recovering from a seven-week low touched on Monday.
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