The AUD/USD is trading upwards for Monday, looking for an extended bid into the 0.
The AUD/USD is trading near 0.6375, trading into the top side for Monday. US Dollar bidding pressure is easing back as investors brace for Fed rate call in the mid-week. Aussie Retail Sales beat expectations, giving a much-needed boost for the AUD. 6380 level after the Aussie caught some bidding momentum after Australian Retail Sales beat expectations, helping the Aussie capitalize on a Greenback that is treading water ahead of the Federal Reserve's upcoming rate call on Wednesday.
Fed: Rate hike in December on the table if data point to renewed strong growth in Q4 – Commerzbank Investors are looking ahead to a potential rate hike from the Fed in December to close out 2023, as US data continues to show a firming-up economy in the face of restrictive monetary policy, and investors are facing down the odds of a rate cut cycle not materializing even further into the future than previously expected.
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AUD/USD advances toward 0.6400 as US Dollar dips ahead of Fed policyThe AUD/USD pair extends gains above the crucial resistance of 0.6368 in the early New York session. The Aussie asset is approaching the rou
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AUD/USD holds positive ground below the mid-0.6300s ahead of Australian Retail SalesThe AUD/USD pair kicks off the week in a positive mood below the mid-0.6300s during the early Asian session on Monday. The softer US Dollar (USD) lend
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AUD/USD remains stuck within the 0.6270-0.6405 rangeIn the opinion of UOB Group’s Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia, AUD/USD keeps pointing to further side-lined trad
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Dollar edges higher ahead of crucial Fed meetingDollar edges higher ahead of crucial Fed meeting
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US Dollar tumbles ahead of Fed decisionThe US Dollar (USD) experienced a decline in Monday's session towards 106.
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Asia FX muted, dollar steadies with Fed, BOJ meetings in sightAsia FX muted, dollar steadies with Fed, BOJ meetings in sight
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