AUDUSD facing Daily Resistance
AUDUSD was up on Wednesday after testing the low level of 0.6482 in the last trading session as The Australian dollar climbed above $0.653 on Wednesday, marking its fourth straight session of gains, supported by a weaker US dollar and a hawkish outlook on Reserve Bank of Australia policy. The greenback ran into some profit-taking in recent sessions following a strong rally, while investors awaited news on US President-elect Donald Trump’s pick for Treasury Secretary. On the domestic front, minutes from the RBA's November policy meeting indicated that the central bank intends to maintain a restrictive monetary policy until it is confident that inflation is sustainably moving toward its target.
Recent News
Dow Jones Holds Above 200 MA Support Eye...
August 06, 2025
Market Insights
Gold Eases from Record Highs but Safe-Ha...
April 17, 2025
Market Insights
AUDUSD GAVE BREAKDOWN?
November 14, 2024
Market Insights
Consumer Price Index CPI
March 12, 2025
Market Insights
DOW JONES facing Daily Resistance
February 06, 2025
Market Insights
Gold slipped on constructive US- China t...
May 12, 2025
Market Insights
