Australia Treasurer Chalmers: Global conditions have become more complex and confronting

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“Australia’s Treasurer Jim Chalmers warned of ‘complex and confronting’ global economic conditions as he prepares to head to Washington for a Group of 20 meeting and about a month out from handing down his nation’s annual budget,” reported Bloomberg while quoting Australia’s Sydney Morning Herald (SMH) news on early Tuesday.

AUD/USD picks up bids to refresh intraday high near 0.6650 while extending the late Monday’s corrective bounce off the two-week low.

Also read: AUD/USD Price Analysis: Bounces off fortnight-long support but 0.6700 is the key to upside

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