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.

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