The AUD/USD pair gains momentum on Wednesday for a second straight day, marking a weekly high. Risk-taking declined, undermining the safe-haven dollar and benefiting the riskier Aussie. It is expected that the Fed’s hawkish expectations of higher US bond yields will limit the dollar’s losses and curb the pair’s rise. Before the FOMC minutes, investors … Continued
The post AUD/USD Price Gains Capped by 0.7250, Eying US Retails, Fed appeared first on Forex Crunch.