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

CRUDE OIL Sustaining on lower levels.

February 15, 2025

Market Insights

US Tech 100 Testing Crucial Support Amid...

April 21, 2025

Market Insights

After a parabolic move in Gold, Its time...

February 11, 2025

Market Insights

AUDUSD trading on daily Resistance

November 07, 2024

Market Insights

Dow Jones Rebounds Testing Key Resistanc...

April 17, 2025

Market Insights

DAX sharp recovery from the daily suppor...

October 25, 2024

Market Insights

Maddy

Cross-Asset Analyst & Trainer

Varun Sharma

Senior Strategist

VJ Yadav

FX Strategist

Bot Window | Bot Window