Australian Dollar appreciates despite market caution rising from Middle-East tensions

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AUDUSD News

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The Australian Dollar (AUD) retraces its recent losses from the previous session against the US Dollar (USD) on Wednesday.

The Australian Dollar gains ground as the RBA is widely expected to hold a hawkish stance regarding its policy outlook. The AiG Industry Index eased in September, rising 4.9 points to -18.6 from -23.5 prior reading. The US Dollar receives support from the market caution amid rising Middle-East tensions. The Australian Dollar retraces its recent losses from the previous session against the US Dollar on Wednesday.

A break below this level could weaken the bullish bias and lead the AUD/USD pair to navigate the region around its seven-week low of 0.6622. AUD/USD: Daily Chart Australian Dollar PRICE Today The table below shows the percentage change of Australian Dollar against listed major currencies today. Australian Dollar was the strongest against the Japanese Yen. USD EUR GBP JPY CAD AUD NZD CHF USD -0.01% -0.01% 0.26% -0.10% -0.45% -0.48% -0.05% EUR 0.01% -0.00% 0.29% -0.11% -0.44% -0.48% -0.04% GBP 0.

 

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