EUR/USD hovers around 1.0700, eyes on US first-quarter GDP data on Nostr: Australian Dollar Edges Lower as US Dollar Strengthens Ahead of Fed Decision ...
Australian Dollar Edges Lower as US Dollar Strengthens Ahead of Fed Decision
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#acbb1c95 ver:0.99
The Australian Dollar weakened against the US Dollar as the likelihood of a Fed rate cut in September decreased. The RBA is expected to maintain higher interest rates, but Australia's NAB Business Confidence dropped to its lowest in six months. The Trade Balance widened, exceeding expectations. The AUD is trading around 0.6590, with key support at 0.6550 and resistance at 0.6625. Chinese economy, Iron Ore price, and market sentiment also affect the AUD. #AUD #USD #Fed #RBA #TradeBalance #ChineseEconomy...
#newstr #AustralianDollar #UsDollar #FedDecision #ReserveBankOfAustralia #NabBusinessConfidence #TradeBalance
https://here.news/story/acbb1c95?ver=0.99
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#acbb1c95 ver:0.99
The Australian Dollar weakened against the US Dollar as the likelihood of a Fed rate cut in September decreased. The RBA is expected to maintain higher interest rates, but Australia's NAB Business Confidence dropped to its lowest in six months. The Trade Balance widened, exceeding expectations. The AUD is trading around 0.6590, with key support at 0.6550 and resistance at 0.6625. Chinese economy, Iron Ore price, and market sentiment also affect the AUD. #AUD #USD #Fed #RBA #TradeBalance #ChineseEconomy...
#newstr #AustralianDollar #UsDollar #FedDecision #ReserveBankOfAustralia #NabBusinessConfidence #TradeBalance
https://here.news/story/acbb1c95?ver=0.99