AUD/USD is having a tough time holding above 0.7600. US Dollar Index clings to modest daily gains above 92.60. S&P 500 Futures turned negative on the day ahead of US data. After rising above 0.7600 during the European trading hours, the AUD/USD pair lost its traction as the negative shift witnessed in market sentiment provided a boost to the greenback. As of writing, the pair was trading at 0.7590, still rising 0.1% on a daily basis. Safe-haven flows return Ahead of the US Bureau of Economic Analysis’ fourth-quarter GDP report and the US Department of Labor’s weekly Initial Jobless Claims data, the S&P 500 Futures erased its daily gains and was last seen losing 0.43% on the day. Consequently, the US Dollar Index is up 0.15% on the day at 92.67. Earlier in the session, FOMC Chairman Jerome Powell reiterated that they are strongly committed to inflation that averages 2% over time. “As the economy recovers and makes substantial further progress toward our goals, we will roll back bond purchases,” Powell told National Public Radio (NPR). Later in the day, New York Federal Reserve President John Williams and Federal Reserve’s Vice Chairman Richard Clarida will be delivering speeches. Meanwhile, investors will keep a close eye on the performance of Wall Street’s main indexes and a sharp decline after the opening bell could help the USD continue to outperform its rivals. There won’t be any significant macroeconomic data releases featured in the Australian economic docket on Friday. Technical levels to watch for FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/USD Price Analysis: The 1.1800 area holds the downside”¦for now FX Street 1 year AUD/USD is having a tough time holding above 0.7600. US Dollar Index clings to modest daily gains above 92.60. S&P 500 Futures turned negative on the day ahead of US data. After rising above 0.7600 during the European trading hours, the AUD/USD pair lost its traction as the negative shift witnessed in market sentiment provided a boost to the greenback. As of writing, the pair was trading at 0.7590, still rising 0.1% on a daily basis. Safe-haven flows return Ahead of the US Bureau of Economic Analysis' fourth-quarter GDP report and the US Department of Labor's weekly Initial Jobless Claims… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.