AUD/USD revisits almost 10-month high around 0.6620 as US Dollar underperforms
The post AUD/USD revisits almost 10-month high around 0.6620 as US Dollar underperforms appeared on BitcoinEthereumNews.com. AUD/USD jumps to near 0.6620 as the US Dollar underperforms its peers. Investors expect the Fed to cut interest rates in the policy meeting next week. The next trigger for the US Dollar will be the release of the US NFP benchmark revision report. The AUD/USD pair reclaims the 10-month around 0.6620 during the European trading session on Tuesday. The Aussie pair strengthens as the US Dollar (USD) underperforms its peers amid firm expectations that the Federal Reserve (Fed) will cut interest rates in the policy meeting next week. At the time of writing, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, posts a fresh six-week low near 97.25. US Dollar Price Today The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the weakest against the Japanese Yen. USD EUR GBP JPY CAD AUD NZD CHF USD 0.09% -0.21% -0.70% 0.05% -0.40% -0.26% 0.05% EUR -0.09% -0.32% -0.79% -0.04% -0.42% -0.33% -0.04% GBP 0.21% 0.32% -0.52% 0.27% -0.10% -0.02% 0.27% JPY 0.70% 0.79% 0.52% 0.74% 0.34% 0.44% 0.74% CAD -0.05% 0.04% -0.27% -0.74% -0.42% -0.28% -0.00% AUD 0.40% 0.42% 0.10% -0.34% 0.42% 0.09% 0.38% NZD 0.26% 0.33% 0.02% -0.44% 0.28% -0.09% 0.31% CHF -0.05% 0.04% -0.27% -0.74% 0.00% -0.38% -0.31% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote). According to the CME FedWatch tool, there is an 11.6% chance that the Fed will cut interest rates by…
The post AUD/USD revisits almost 10-month high around 0.6620 as US Dollar underperforms appeared on BitcoinEthereumNews.com.
AUD/USD jumps to near 0.6620 as the US Dollar underperforms its peers. Investors expect the Fed to cut interest rates in the policy meeting next week. The next trigger for the US Dollar will be the release of the US NFP benchmark revision report. The AUD/USD pair reclaims the 10-month around 0.6620 during the European trading session on Tuesday. The Aussie pair strengthens as the US Dollar (USD) underperforms its peers amid firm expectations that the Federal Reserve (Fed) will cut interest rates in the policy meeting next week. At the time of writing, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, posts a fresh six-week low near 97.25. US Dollar Price Today The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the weakest against the Japanese Yen. USD EUR GBP JPY CAD AUD NZD CHF USD 0.09% -0.21% -0.70% 0.05% -0.40% -0.26% 0.05% EUR -0.09% -0.32% -0.79% -0.04% -0.42% -0.33% -0.04% GBP 0.21% 0.32% -0.52% 0.27% -0.10% -0.02% 0.27% JPY 0.70% 0.79% 0.52% 0.74% 0.34% 0.44% 0.74% CAD -0.05% 0.04% -0.27% -0.74% -0.42% -0.28% -0.00% AUD 0.40% 0.42% 0.10% -0.34% 0.42% 0.09% 0.38% NZD 0.26% 0.33% 0.02% -0.44% 0.28% -0.09% 0.31% CHF -0.05% 0.04% -0.27% -0.74% 0.00% -0.38% -0.31% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote). According to the CME FedWatch tool, there is an 11.6% chance that the Fed will cut interest rates by…
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