18 Jun 2014
AUD/USD quiet, in a 20 pips range
FXStreet (Córdoba) - The AUD/USD climbed to 0.9347 after Wall Street opening, hitting a fresh daily high and currently trades at 0.9338, marginally higher for the day. The currency market remains calm and quiet, with low volatility ahead of the FOMC statement.
The Aussie is rising against the US dollar but is moving in a small trading range between 0.9330 and 0.9345, consolidating after losing more than 60 pips on Tuesday.
AUD/USD holds despite weak AUD
The Australian Dollar is among the worst performers on Wednesday so far but a falling Greenback is giving support to the AUD/USD. Against the Kiwi is trading at the lowest level in 4-weeks; the AUD/NZD broke below 1.0770 and tumbled to 1.0755.
The Aussie is rising against the US dollar but is moving in a small trading range between 0.9330 and 0.9345, consolidating after losing more than 60 pips on Tuesday.
AUD/USD holds despite weak AUD
The Australian Dollar is among the worst performers on Wednesday so far but a falling Greenback is giving support to the AUD/USD. Against the Kiwi is trading at the lowest level in 4-weeks; the AUD/NZD broke below 1.0770 and tumbled to 1.0755.