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December 21 - On December 21, MiniMax, a general artificial intelligence company, published its post-hearing information set prospectus for the first time.On December 21, Russian Presidential Aide Ushakov told the media that the proposal to hold trilateral talks between Russia, the United States, and Ukraine has not yet been put on the agenda or discussed. He also pointed out that the modifications proposed by Ukraine and Europe to the Russia-Ukraine "peace plan" are not conducive to advancing the agreement. Ushakov confirmed that Russias Special Representative for Foreign Investment and Economic Cooperation, Dmitriev, is currently in Miami holding talks with the US. He revealed that Dmitriev will report on the results of the talks with the US after returning to Moscow. On the same day, Russian Presidential Press Secretary Peskov told the media that President Putin has no plans to speak with US President Trump before the end of the year, but arranging a call would be easy.On December 21st, according to Japanese sources, during a debate program, Itsunori Onodera, chairman of the Liberal Democratic Partys (LDP) Security Research Council, proposed that it is necessary to discuss the definition of the "Three Non-Nuclear Principles." He discussed Japans current reliance on the US "nuclear umbrella," stating, "This is one of the issues that should be discussed." Onodera said the LDP plans to submit a related motion to the Cabinet in February next year to promote discussion in the Diet. The "Three Non-Nuclear Principles" refer to not possessing, manufacturing, or introducing nuclear weapons. Recently, several political parties, politicians, and numerous civic organizations in Japan have called for adherence to the "Three Non-Nuclear Principles" to avoid a repeat of the tragedy of war.Kremlin: The idea of a trilateral meeting between Russia, the United States, and Ukraine has not yet been discussed.On December 21, the Communist Party of Cuba issued a statement on its official website on the 20th, condemning the US governments escalation of aggression against Venezuela in the strongest terms and accusing the US of its recent actions in Venezuela of being a deliberately planned and dangerous act.

AUD/USD Price Prediction: 0.6770 aims to recapture last week's high

Daniel Rogers

Dec 27, 2022 10:58

 AUD:USD.png

 

During the Asian session, the AUD/USD pair broke above the thin consolidation around 0.6720. As market risk appetite rises, the Australian asset has surged over 0.6750 and is expected to reclaim the previous week's high around 0.6770.

 

In the meantime, the US Dollar Index (DXY) is experiencing firm resistance near the key level of 104.00, as a decrease in the United States Personal Consumption Expenditure (PCE)-Price Index has boosted expectations of less-hawkish monetary policy in the near future from the Federal Reserve (Fed).

 

Thursday's responsive buying activity in the Australian dollar at 0.6660 pushed the asset above the 50-period and 200-period Exponential Moving Averages (EMAs) at 0.6703 and 0.6717 respectively. After surpassing the previous week's peak of approximately 0.6770, the Australian Dollar will see significant increases.

 

In addition, the Relative Strength Index (14) has moved into the positive zone between 60.00 and 80.00, indicating the emergence of bullish momentum.

 

The Australian dollar will face round-level resistance and the high from December 14 around 0.6800 and 0.6880, respectively, after surpassing the previous week's high at 0.6770.

 

In contrast, a loss below the December 12 low of about 0.6630 will drive the asset towards the round-level resistance at 0.6600, followed by the November 8 high of about 0.6550.

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