AUD/USD keeps the red below 0.7500 mark, seems vulnerable near weekly low By HareshMenghani AUDUSD Fed RiskAppetite Majors Currencies
The Fed’s hawkish outlook, a softer risk tone underpinned the USD and exerted pressure.The AUD/USD pair
The pair witnessed some follow-through selling for the second successive day on Thursday and extended this week's sharp retracement slide from the highest level since June 2021, around the 0.7660 area. The US dollar stood tall near a two-year high touched on Tuesday amid the Fed's hawkish, which, in turn, was seen as a key factor that exerted downward pressure on the AUD/USD pair.
The Fed's aggressive plans, along with fading hopes for a diplomatic solution to end the war in Ukraine, weighed on investors' sentiment. This was evident from a fresh leg down in the equity markets, which further benefitted the safe-haven buck and drove flows away from the perceived riskier Australian dollar. That said, retreating US Treasury bond yields capped the upside for the greenback.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
AUD/USD extends drop as buck rallies post-Fed minutes, now testing 0.7500 levelThe US dollar is ramping up in wake of the release of the latest Fed meeting minutes and this has pushed AUD/USD to fresh session lows back below the
Weiterlesen »
Australian Dollar Forecast: Key AUD/USD Levels to WatchThe Australian Dollar is the notable outperformer as the RBA prepares market participants for higher interest rates. Get your market update from JMcQueenFX here:
Weiterlesen »
EUR/USD bounces off lows near 1.0870, looks to FOMCThe European currency regains some composure and manages to lift EUR/USD back to the positive territory beyond the 1.0900 barrier on Wednesday. EUR/US
Weiterlesen »
EUR/USD Forecast: Corrective advance meant to be short-livedThe EUR/USD pair extended its weekly decline to 1.0873, a fresh one-month low, as the Eastern European crisis undermines demand for the shared curren
Weiterlesen »
AUD/USD Forex Signal: Aussie Sell-Off Getting OverdoneThe AUD/USD pair retreat continued on Thursday morning as analysts increased their bets that the Reserve Bank of Australia (RBA) will take off in June.
Weiterlesen »
AUD/USD Forex Signal: Climb to 0.7700 PossibleThe $AUDUSD pair pulled back during the American and Australian sessions after the hawkish statements from the Fed and Australia.
Weiterlesen »