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The US dollar continues to see a lot of noise ahead of the FOMC announcement on Tuesday, as traders around the world will be ...
The US dollar surged to a two-month high, fueled by the Fed’s hawkish pause and easing global trade tensions, which pressured AUD/USD and NZD/USD while strengthening USD/JPY.
Softer US inflation and personal spending numbers would support an AUD/USD move to the 50-day EMA and the $0.64900 resistance level. Selling pressure may intensify in the $0.64830 – $0.64900 range.
AUD/USD eased modestly on Wednesday as market digested softer-than-expected inflation data that raised expectations of monetary policy easing by the Reserve Bank of Australia (RBA). Australian ...
Australian Dollar vs US Dollar Technical Analysis The Australian dollar initially pulled back during the trading session on Wednesday, as the 50-Day EMA has offered a bit of resistance.
Australian Dollar (AUD) may still test 0.6595 against US Dollar (USD), but a sustained rise above this level is unlikely. In the longer run, should AUD break clearly above 0.6595, it could trigger ...
AUD/USD edges higher as TD-MI Inflation Gauge rose 0.1% MoM in June, against a 0.4% previous decline. China’s NBS Manufacturing PMI climbed to 49.7, while the Non-Manufacturing PMI increased to ...