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Australian Dollar pares gains as US Dollar steadies, RBA hike bets ease

Currencies16 October in 05:40

AUD/USD trims some of its earlier gains on Friday as hawkish Federal Reserve (Fed) expectations cushion the downside in the US Dollar (USD) and US Treasury yields following the previous day’s pullback.

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Australian Dollar pares gains as US Dollar steadies, RBA hike bets ease
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AUD/USD trims some of its earlier gains on Friday as hawkish Federal Reserve (Fed) expectations cushion the downside in the US Dollar (USD) and US Treasury yields following the previous day’s pullback.

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Omar Al-Haddad
Omar Al-Haddad — expert gold analyst — ACIX

Quoted from FXStreet — Source. Summary and image from the publisher; market dashboard and recommendations from ACIX.

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