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

Gold hovers near 1-month high: eyes on A...

July 23, 2025

Market Insights

AUDUSD sustaining on daily support.

November 13, 2024

Market Insights

NASDAQ making bearish Flag

February 20, 2025

Market Insights

US Tech 100 Forms Bearish Flag Support a...

March 04, 2025

Market Insights

US Tech 100 Near Support Zone Will It Br...

March 12, 2025

Market Insights

Gold stays firm after achieving a fresh...

March 17, 2025

Market Insights

Ana

Cross-Asset Analyst & Trainer

Varun Sharma

Senior Strategist

VJ Yadav

FX Strategist

Bot Window | Bot Window