AUD/USD drops to new yearly lows near 0.6300 as market focus shifts to the Federal Reserve.
Facebook LinkedIn AUD/USD Hits One-Year Low Near 0.6300 as Market Awaits Fed Decision The Australian Dollar (AUD) has dropped to a fresh one-year low, trading near 0.6300, edging closer to last year’s bottom of 0.6270. This decline reflects the risk-averse sentiment in global markets, with traders adopting a cautious stance ahead of the Federal Reserve’s […]
Gold Struggles to Attract Buyers as US Bond Yields Stay High; Focus Shifts to FOMC Decision
Facebook LinkedIn Gold Prices Edge Lower Amid Cautious Market Sentiment Gold prices (XAU/USD) faced renewed selling pressure after briefly climbing to the $2,652 level during the Asian session, though they remain above the one-week low recorded on Tuesday. Market expectations that the Federal Reserve (Fed) may adopt a cautious approach to cutting interest rates have […]