AUDUSD fall after Trump victory

AUDUSD was down on Wednesday morning after testing the high level of 0.6644 in the last trading session as the Australian dollar fell nearly 2% on Wednesday, dipping to around $0.652 and nearing three-month lows as the US dollar strengthened after former President Donald Trump took an early lead against Vice President Kamala Harris in the US presidential race. The results have so far followed expectations, with the outcome now focusing on seven key swing states. On the domestic front, the Reserve Bank of Australia kept the cash rate unchanged at 4.35% on Tuesday, marking its eighth consecutive meeting without a rate change, as widely anticipated.

Recent News

USTECH100 Forms Wedge Pattern Near Suppo...

February 26, 2025

Market Insights

GBPUSD gave a breakout of Wedge Pattern

December 16, 2024

Market Insights

Dow Jones Struggles Near Support at 45,5...

September 02, 2025

Market Insights

NAS100 Struggles Below 24,813 Resistance...

September 24, 2025

Market Insights

Gold holds at Ascending Triangle Support...

August 21, 2025

Market Insights

Ana

Cross-Asset Analyst & Trainer

Varun Sharma

Senior Strategist

VJ Yadav

FX Strategist

Bot Window | Bot Window