USD/AUD (AUD=X)
| Previous close | 1.4740 |
| Open | 1.4742 |
| Bid | 1.4615 |
| Day's range | 1.4599 - 1.4781 |
| 52-week range | 1.3054 - 1.4781 |
| Ask | 1.4620 |
- FX Empire
AUD/USD Forex Technical Analysis – Supported by Improving Risk Sentiment in Asia, Wall Street
The AUD/USD is also receiving a slight boost from a surge in the Australian Trade Balance.
- Investing.com
Dollar Remains Near 20-Year High; Fed Minutes Hawkish
The U.S. dollar edged lower in early European trade Thursday, handing back some of the previous session’s gains but remained near a 20-year high as the Federal Reserve retained a hawkish tone. There are many factors driving the dollar’s gains, but prime among them is the aggressive monetary tightening by the U.S. central bank as it faces the worst inflation in decades. The minutes from the last Fed meeting, released on Wednesday, pointed to the possibility of an “even more restrictive” monetary policy to prevent long-lasting inflation, and now investors are pricing in another 75-basis point interest rate hike in July.
- FX Empire
AUD/USD Price Forecast – The Australian Dollar Sluggish
Looking at the Australian dollar, you can see that we have done very little during the trading session on Wednesday.
