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AUD/USD Price Hitting 0.7300 as Dollar King Returns, Iron Falls

Started by forex4you, Apr 23, 2022, 11:41 am

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AUD/USD Price Hitting 0.7300 as Dollar King Returns, Iron Falls

AUD/USD fell to a fresh multi-week low for the second day in a row. Risk aversion and weak iron ore demand outlook weighed on the resource-bound Australian dollar. Fed rate hike bets lifted the dollar and contributed to an intraday selling bias of the Aussie. The AUD/USD price continued to slide in the European session, … Continued


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