The AUD/USD currency pair is currently consolidating below the mid-0.6600s, having achieved its highest level since September 18 during recent trading sessions. Throughout the Asian session on Wednesday, the exchange rate has shown a mixed performance, fluctuating between slight gains and minor losses as traders await the outcome of the Federal Reserve's upcoming decision.
Market participants are closely monitoring the Fed's stance, particularly in light of the Reserve Bank of Australia's (RBA) recent hawkish tilt. This anticipation is influencing trading sentiment, as bulls look for potential catalysts to drive the AUD/USD pair higher. The interplay between the USD's strength and the RBA's monetary policy may significantly affect future price movements in this currency pair.
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Data Source: FX Killer Analysis Team Updated: 2025-12-10 06:32
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.