Page 7 - Audusd News Today

The Australian Dollar (AUD) seems to extend its winning streak for the sixth consecutive session on Monday.

The Australian dollar halted its upward trajectory, coming under selling pressure after retesting the 0.6570 zone against the US Dollar (USD) on Wednesday.

Disappointment summarises the start of 2024 for the Australian Dollar (AUD).

The Australian Dollar posted minuscule gains on Wednesday against the US Dollar, after the release of the Federal Reserve’s January meeting minutes emphasized policymakers remain hesitant to begin to ease policy.

Australia's Judo Bank Composite Purchasing Manager Index (PMI) returned to growth figures above 50.0 for the first time since last October, and saw its highest print since May of last year.

The Australian Dollar (AUD) snaps a four-day winning streak on Tuesday amid an improved US Dollar (USD).

The AUD/USD pair loses traction below the mid-0.6500s during the early Asian trading hours on Tuesday.

The AUDUSD pair breaks a key level. What’s next?

The AUD/USD climbed on Tuesday, rebounding from the day’s low near 0.6520 to fall just shy of 0.6580 before pulling back into the day’s range.

The AUD/USD pair peaked on Tuesday at 0.6578, the highest in three weeks early in the American session.