AUD/USD falls below 200-DMA as traders eye 0.6500

BY admin admin

The AUD/USD extends its losses for the second straight trading session, and slips below the 200-day moving average (DMA) as investors await monetary policy decisions from major central banks ahead of the next year.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

Mexican Peso tanks on high US bond yields, strong US Dollar

The Mexican Peso (MXN) weakened versus the US Dollar (USD) during the North American session on Monday due to some risk aversion, with market particip

Forex

Gold hopeful in latest upside push today

<p>The yellow metal has struggled in the last two months as price corrects lower but have we found a bottom? The $1,900 mark is where the downside momentum seems to be stalling, with price also

Forex

US Dollar Index Index Price Analysis: DXY ends the week near 10-week lows

DXY dropped to the 98.20/98.00 support zone while under below the main SMAs. If the market can find some footing here, the index might rebound. However, a brea

Copyright © 2024 | WordPress Theme: Xews Lite