Australian dollar news

The Australian Dollar is not one of the stronger major currencies, but USD weakness continues to provide a bullish bias here if the price remains above $0.6629 support.

AUD/USD remains choppy ahead of the FOMC announcement, with key resistance near 0.67 and traders watching for signs of exhaustion or a breakout. The upcoming Fed press conference is expected to drive the pair’s next move.

Fed Cuts Rates by 0.25%, Many Regional Governors Dissent, US Dollar Breaks Below Key Support; Bank of Canada Holds Rates at 2.25%; Silver Nears $63 for New All-Time High; Australian Unemployment Rate Unchanged; Swiss National Bank Expected to Hold Rates

AUD/USD trades above 0.6620 amid strong China data, sticky Australian inflation, and diverging Fed-RBA policy paths. A break above 0.6700 could signal extended bullish momentum toward 0.6750.

RBA Leaves Rates Unchanged, Rules Out Further Cuts; Silver Briefly Touches New Record High; Global Stocks Lower; Markets Await US ADP Data

AUD/USD showed indecision on Monday ahead of the FOMC decision, with traders watching the 0.67 level as a key breakout or rejection point amid broader US dollar uncertainty.

AUD/USD has extended its rally ahead of the FOMC decision, boosted by expectations of a Fed rate cut and diverging RBA policy.