AUDUSD sustaining on daily support.

AUDUSD was down on Wednesday after testing the high level of 0.6581 in the last trading session as The Australian dollar hovered around $0.653 on Wednesday, staying near its weakest levels in three months as the US dollar continued to gain strength, fueled by "Trump trades." These trades reflect market bets that Trump’s inflationary policies will constrain the Federal Reserve’s ability to lower borrowing costs. The aussie was also pressured by declines in iron ore, copper, gold, and oil prices, given Australia's status as a net exporter of commodities.

Recent News

DAX bounce from daily support levels

November 14, 2024

Market Insights

NASDAQ making a bullish flag on 1hr time...

October 09, 2025

Market Insights

DAX making bullish flag, bulls come back...

October 24, 2024

Market Insights

Gold Holding ground amid Geopolitical te...

October 14, 2024

Market Insights

US Tech 100 Eyes Bullish Breakout Above...

July 02, 2025

Market Insights

Ana

Cross-Asset Analyst & Trainer

Varun Sharma

Senior Strategist

VJ Yadav

FX Strategist

Bot Window | Bot Window