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
NASDAQ gave resistance breakout and afte...
May 12, 2025
Market Insights
Dow Jones Industrial Average climbs on T...
November 22, 2024
Live Charts
US Tech 100 Near Support Zone Will It Br...
March 12, 2025
Market Insights
GOLD Prices shattered yesterday with aro...
November 14, 2024
Market Insights
Gold Slips as Markets Eye Inflation Data...
November 11, 2024
Live Charts
DOW JONES ANALYISIS
November 05, 2024
Market Insights