AUD/USD struggles to escape bearish pressure, with sellers firmly in control despite minor rallies.

AUDUSD was down on Tuesday after testing the high level of 0.6609 in the last trading session as The Australian dollar weakened below $0.66 on Tuesday, hitting its lowest levels since mid-August, weighed down by a strong greenback and Treasury yields amid signs of a resilient US economy and bets on a second term for former President Donald Trump. Meanwhile, the aussie strengthened against the yen after Japan’s ruling coalition lost its parliamentary majority, further complicating the Bank of Japan’s rate hike plans.

Recent News

Dow Jones Futures Poised for a Major Bre...

April 15, 2025

Market Insights

WTI Crude Oil Approaching Key $66–$68 Su...

February 27, 2025

Market Insights

IMPORTANT DATA's FOR THIS WEEK

October 28, 2024

Market Insights

FOMC

November 07, 2024

Market Insights

US Tech 100 Chart Breakout Pattern Emerg...

March 03, 2025

Market Insights

Maddy

Cross-Asset Analyst & Trainer

Varun Sharma

Senior Strategist

VJ Yadav

FX Strategist

Bot Window | Bot Window