Notification: Get Real-Time News Alerts For Your Portfolio Today
Powered by
TOP SECTOR EUR STABLECOIN (0%)
TOP CRYPTO MARKET CAP $0.00T
24H VOLUME $0.00B
BTC DOMINANCE 0.0%
ETH DOMINANCE 0.0%
TOP SECTOR EUR STABLECOIN (0%)
TOP CRYPTO MARKET CAP $0.00T
24H VOLUME $0.00B
Trading Articles
Search for the latest articles on trading

AUD/USD drops near 0.6200 amidst low trading activity

admin
admin

admin

Full Bio

admin

Share

The AUD/USD pair fell closer to the 0.6200 mark on Wednesday as low trading volumes and heightened risk aversion weighed on the Australian dollar. The decline came amid muted activity in global markets, with investors cautious ahead of year-end holidays and key U.S. economic data.

Weak sentiment in equity markets and fears of slowing global growth further pressured the Australian dollar. The greenback strengthened on safe-haven demand, adding to the pair’s bearish momentum. Analysts noted that thin trading conditions magnified price swings, with little upside for the Aussie unless a shift in risk appetite occurs.

Market participants now await U.S. personal consumption expenditure (PCE) data, which could signal the Federal Reserve’s next policy moves. Without a significant catalyst, AUD/USD may struggle to break out of its downward trend in the short term.

Subscribe to our Newsletter

Every week, we’ll send you the latest tips, tricks, reviews and advice on how to trade to a wealthier lifestyle

View more articles by

Related Articles

Read More
Read More
Read More
Read More
Read More
Read More

Brokers Review

No reviews found in this category.

Top Stories
Silver’s time to shine is here Get ready
Silver Surges as Trump’s Tariff Plans Weaken US Dollar
NZDJPY Price Analysis Pair retreats to 87
NZD/JPY Slides as 20-Day SMA Rejection Intensifies Bearish Pressure
US Dollar
US Dollar Slips as Markets React to New Tariff Signals
AUD (1)
Australian Dollar Strengthens Amid US Data and Tariff Developments
GBPUSD (1)
GBP/USD Climbs as Risk Sentiment Improves
USDMXN Price Annual Forecast Economic slowdown, monetary policy, Trump to influence the Peso in 2025
Mexican Peso Strengthens as US Dollar Slides
Gold (2)
Gold Climbs as Market Jitters Grow Over US Tariff Uncertainty
USDCHF
USD/CHF Climbs Higher as Markets Await US Retail Sales Data
GBPUSD
GBP/USD Holds Steady Near 1.2550 as Markets Brace for US Retail Sales Data
Silver price today Silver falls, according to FXStreet data
Silver Finds Support Near $32.50 as Traders Eye US Retail Sales Data