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The AUD/USD continues to drop further toward the 50-day moving average (DMA) after failing to crack the 0.6500 figure on Tuesday, which exacerbated the pair´s drop, as it trades at 0.6410, losses 0.40%, past the mid-North American session.
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The gold price fell to 2-week Dollar lows and hit the lowest for UK and Euro investors since mid-October on Tuesday despite the continuing Hamas-Israel war as longer-term interest rates rose again
AUD/USD continues on a four-day winning streak, gearing up for the Reserve Bank of Australia's (RBA) interest rate decision set to be unveiled on Tuesday.
The Australian Dollar found some traction ahead of the RBA monetary policy decision in the aftermath of accelerating inflation. Will a rate hike further boost AUD/USD and AUD/JPY?