AUD/USD extends its upside below the mid-0.6500s on weaker USD, RBA's hawkish guidance
The AUD/USD pair extends the rally around 0.6530 during the early Asian session on Wednesday.
Source: fxstreet.com
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AUD/USD Forecast: Next on the upside comes the 200-day SMA
Finally, some respite for the Aussie dollar came in the wake of the RBA’s widely anticipated decision to keep its Official Cash Rate (OCR) unchanged on Tuesday.
Source: fxstreet.com
Australian Dollar improves to near a major barrier on a tepid US Dollar
The Australian Dollar (AUD) extends its gains for the second consecutive day on a subdued US Dollar (USD), which could be attributed to the decline in the US bond yields.
Source: fxstreet.com
AUD/USD Forecast: Recovery gathers further pace
The Aussie dollar found another excuse to extend the weekly bounce in the continuation of the downward bias in the greenback on Wednesday.
Source: fxstreet.com
Australian Dollar remains calm as RBA maintains Official Cash Rate at 4.35%
The Australian Dollar (AUD) attempts to retrace its recent losses on Tuesday.
Source: fxstreet.com