The Australian Dollar declines amid market caution ahead of Fed policy decision. The Aussie Dollar receives downward pressure from the increased likelihood of the RBA delivering rate cuts sooner. US Federal Reserve is widely expected to deliver a 25 basis point rate cut on Wednesday. The Australian Dollar extends its losses for the second successive session against the US Dollar on Wednesday.
A decisive breakout above this channel could drive the pair toward the eight-week high of 0.6687. 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 weakest against the Euro. USD EUR GBP JPY CAD AUD NZD CHF USD -0.07% 0.03% 0.15% 0.03% 0.12% 0.10% -0.00% EUR 0.07% 0.10% 0.23% 0.10% 0.18% 0.17% 0.07% GBP -0.03% -0.10% 0.12% 0.00% 0.09% 0.07% -0.02% JPY -0.15% -0.
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Source: FXStreetNews - 🏆 14. / 72 Read more »