AUD/USD reclaims 0.6400+ after USD correction
Hello everyone! Currently, the AUD/USD is experiencing an upward momentum above 0.6400 at the beginning of Monday, supporting the weakness of the US dollar due to USD/JPY selling and the increase in AUD/PY cross-rate. The market overlooks cautionary sentiment and higher US bond yields.
On Thursday, Federal Reserve speakers supported keeping interest rates unchanged in September's monetary policy. We will await August's Consumer Price Index (CPI) data for further signals on interest rate policy.
On Thursday, Federal Reserve speakers supported keeping interest rates unchanged in September's monetary policy. We will await August's Consumer Price Index (CPI) data for further signals on interest rate policy.
