Day: July 2, 2024

AUD/USD Rebounds Amidst US Dollar Weakness, Fed Powell’s Speech in the Spotlight

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The AUD/USD pair staged a strong recovery on Tuesday, bouncing back from its recent dip to 0.6630 during the American session. This rebound came as the US Dollar (USD) surrendered its earlier gains, fueled by anticipation and uncertainty surrounding Fed Chair Jerome Powell’s upcoming speech. Market Drivers: Powell’s Speech and Fed Rate Cut Expectations Upcoming […]

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