Currency pair AUD/USD grinds higher past 0.7100 amid sluggish markets, light calendar
AUD/USD consolidates Friday’s heavy losses at a slower pace as markets look for fresh clues. Upbeat Aussie data, border reopening news battle fresh US-China tussle on Phase 1 deal to test momentum traders. Lack of major data/events ahead of Thursday’s US CPI will keep risk catalysts on the driver’s seat. AUD/USD prices seesaw around 0.7125-20