Japan Producer Price Index (YoY) came in at 6.8%, below expectations (7.6%) in September

Aussie Dollar struggles at 0.70, retreats as Oil shock boosts the USD

The Australian Dollar ended Monday’s session with losses of close to 0.40% amid thin liquidity due to the Columbus Day holiday, with most US cash markets closed, as market participants were guided by the latest geopolitical developments. The AUD/USD trades near 0.6950 after peaking below 0.7000.
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Japan Producer Price Index (MoM) came in at -0.3%, below expectations (0.5%) in September

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