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November 26, 2024

AUD/USD Below 0.6500, Eyes FOMC Minutes for Market Direction

The AUD/USD pair faces challenges as it maintains an offered tone below the 0.6500 level. It struggles to gain traction after bouncing from the 0.6435-0.6430 area, touching its lowest point since August 5. Current trading places it around the 0.6480 mark, down for the second consecutive day. Factors such as renewed US-China trade war fears could influence market dynamics. Investors should pay attention to forthcoming FOMC minutes for added insights.

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