Germany Industrial Production s.a. (MoM) below forecasts (0.9%) in January: Actual (-0.5%)

AUD/USD Price Forecast: Lacks momentum beyond 0.7000 as Middle East tensions underpin USD

The AUD/USD pair attracts some buyers in the vicinity of mid-0.6900s, or a four-day low touched earlier this Monday, and fills the weekly bearish gap heading into the European session.
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Germany Industrial Production n.s.a. w.d.a. (YoY): -1.2% (January) vs previous -0.6%

Germany Industrial Production n.s.a. w.d.a. (YoY): -1.2% (January) vs previous -0.6%
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