AUDUSD DOWN RALLY START
AUDUSD was up on Tuesday after testing the low level of 0.6650 in daily trading session as he Australian dollar steadied above $0.665 on Tuesday, but remained close to its lowest levels in six weeks as the US dollar and Treasury yields rallied on signs that the US economy stayed resilient and rising odds of a Trump victory in the November election. Markets still expect the Federal Reserve to cut interest rates again in November and December, but scaled back bets on further policy easing next year. Domestically, Reserve Bank of Australia Deputy Governor Andrew Hauser said earlier this week that strong employment growth came as a slight surprise.
Recent News
Dow Jones at Critical Support Bearish Pr...
May 22, 2025
Market Insights
Gold attracts some sellers after modest...
March 21, 2025
Market Insights
Gold faces pressure amid renewed US-EU t...
May 27, 2025
Market Insights
US Tech 100 Chart Inverse Head and Shoul...
March 05, 2025
Market Insights
US Tech 100 Breaks Resistance, Forms Bul...
July 04, 2025
Market Insights
AUDUSD trading at oversold range as per...
October 28, 2024
Market Insights
