• About
  • Advertise
  • Privacy & Policy
  • Contact
Wednesday, October 4, 2023
Earth-News
  • Home
  • Business
  • Entertainment
    Man bags life imprisonment for sexually assaulting 4-year-old in church

    Man bags life imprisonment for sexually assaulting 4-year-old in church

    BBNaija All-Stars winner gets N120m cheque, Innoson’s victory ride + Videos, photos |

    BBNaija All-Stars winner gets N120m cheque, Innoson’s victory ride + Videos, photos |

    We spent N5.5billion in the production of BBNaija All Stars — Multichoice reveals – Lifestyle Nigeria

    We spent N5.5billion in the production of BBNaija All Stars — Multichoice reveals – Lifestyle Nigeria

    Fashola Sends Fresh Warning To Nigerians

    Fashola Sends Fresh Warning To Nigerians

    Ebunife And Ian’s Outdoor Wedding Was A Show Of Love, Beauty And Sweet Moments

    Ebunife And Ian’s Outdoor Wedding Was A Show Of Love, Beauty And Sweet Moments

    UCL: Osimhen fails to score as Real Madrid beat Napoli 3-2

    UCL: Osimhen fails to score as Real Madrid beat Napoli 3-2

  • General
  • Health
  • News
    Holness, Golding continue to lose favour with Jamaicans

    Holness, Golding continue to lose favour with Jamaicans

    PM to indicate gov’t position on CCJ as Jamaica’s final appellate court

    PM to indicate gov’t position on CCJ as Jamaica’s final appellate court

    Brown Burke condemns recent murders of women, children

    Brown Burke condemns recent murders of women, children

    Health Ministry allocates more than $300m for dengue mitigation efforts

    Health Ministry allocates more than $300m for dengue mitigation efforts

    One Don Gang trial ends as sentences handed down for all 15 convicts

    One Don Gang trial ends as sentences handed down for all 15 convicts

    Jamaicans Brett, Williams on target in USL

    Jamaicans Brett, Williams on target in USL

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Tech
    Starlink is offering users in Nigeria a 20% discount as it looks to expand reach

    Starlink is offering users in Nigeria a 20% discount as it looks to expand reach

    Stitch announces $25 million Series A extension to expand enterprise payments product

    Stitch announces $25 million Series A extension to expand enterprise payments product

    Exclusive: Paystack expands further into offline payments as Nigeria’s POS volume surges

    Exclusive: Paystack expands further into offline payments as Nigeria’s POS volume surges

    Five key attributes of innovative startups

    Five key attributes of innovative startups

    WhatsApp hacks are back, and they’re sneakier than before

    WhatsApp hacks are back, and they’re sneakier than before

    X (aka Twitter) used to be great for customer service. Here’s where to go now

    X (aka Twitter) used to be great for customer service. Here’s where to go now

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Man bags life imprisonment for sexually assaulting 4-year-old in church

    Man bags life imprisonment for sexually assaulting 4-year-old in church

    BBNaija All-Stars winner gets N120m cheque, Innoson’s victory ride + Videos, photos |

    BBNaija All-Stars winner gets N120m cheque, Innoson’s victory ride + Videos, photos |

    We spent N5.5billion in the production of BBNaija All Stars — Multichoice reveals – Lifestyle Nigeria

    We spent N5.5billion in the production of BBNaija All Stars — Multichoice reveals – Lifestyle Nigeria

    Fashola Sends Fresh Warning To Nigerians

    Fashola Sends Fresh Warning To Nigerians

    Ebunife And Ian’s Outdoor Wedding Was A Show Of Love, Beauty And Sweet Moments

    Ebunife And Ian’s Outdoor Wedding Was A Show Of Love, Beauty And Sweet Moments

    UCL: Osimhen fails to score as Real Madrid beat Napoli 3-2

    UCL: Osimhen fails to score as Real Madrid beat Napoli 3-2

  • General
  • Health
  • News
    Holness, Golding continue to lose favour with Jamaicans

    Holness, Golding continue to lose favour with Jamaicans

    PM to indicate gov’t position on CCJ as Jamaica’s final appellate court

    PM to indicate gov’t position on CCJ as Jamaica’s final appellate court

    Brown Burke condemns recent murders of women, children

    Brown Burke condemns recent murders of women, children

    Health Ministry allocates more than $300m for dengue mitigation efforts

    Health Ministry allocates more than $300m for dengue mitigation efforts

    One Don Gang trial ends as sentences handed down for all 15 convicts

    One Don Gang trial ends as sentences handed down for all 15 convicts

    Jamaicans Brett, Williams on target in USL

    Jamaicans Brett, Williams on target in USL

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Tech
    Starlink is offering users in Nigeria a 20% discount as it looks to expand reach

    Starlink is offering users in Nigeria a 20% discount as it looks to expand reach

    Stitch announces $25 million Series A extension to expand enterprise payments product

    Stitch announces $25 million Series A extension to expand enterprise payments product

    Exclusive: Paystack expands further into offline payments as Nigeria’s POS volume surges

    Exclusive: Paystack expands further into offline payments as Nigeria’s POS volume surges

    Five key attributes of innovative startups

    Five key attributes of innovative startups

    WhatsApp hacks are back, and they’re sneakier than before

    WhatsApp hacks are back, and they’re sneakier than before

    X (aka Twitter) used to be great for customer service. Here’s where to go now

    X (aka Twitter) used to be great for customer service. Here’s where to go now

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

AUD/USD consolidates near two-week high, around mid-0.6400s ahead of FOMC decision

September 20, 2023
in Business
AUD/USD consolidates near two-week high, around mid-0.6400s ahead of FOMC decision
Share on FacebookShare on Twitter

AUD/USD remains confined in a familiar trading band through the Asian session on Wednesday.
Traders keenly await the highly-anticipated FOMC decision before placing fresh directional bets.
Speculations that the RBA is done hiking rates to keep a lid on any meaningful appreciating move.

The AUD/USD pair struggles to gain any meaningful traction during the Asian session on Wednesday and remains below a two-week high, around the 0.6470-0.6475 area touched the previous day. Spot prices oscillates in a familiar band and currently hover around mid-0.6400s, awaiting the outcome of the highly-anticipated FOMC policy meeting before the next leg of a directional move.

Traders expect the Federal Reserve (Fed) to keep rates on hold and hence, the focus will be on the forward guidance. The markets have been pricing in the possibility of more more 25 bps lift-off by the end of this year in the wake of resilient US macro data and still-sticky inflation. The outlook remains supportive of elevated US Treasury bond yields, which seem to underpin the US Dollar (USD) and act as a headwind for the AUD/USD pair.

The downside, however, seems cushioned as investors look for fresh cues about the Fed’s future rate-hike path, which will help in determining the near-term trajectory for the buck. Hence, the focus will remain on the accompanying monetary policy statement and Fed Chair Jerome Powell’s comments at the post-meeting press conference. In the meantime, traders opt to wait on the sidelines, leading to a subdued price action around the AUD/USD pair.

Spot prices, meanwhile, move little in reaction to the People’s Bank of China’s (PBoC) decision to leave benchmark lending rates unchanged at a monthly fixing, matching market expectations. Meanwhile, speculations that the Reserve Bank of Australia (RBA) might have already ended its rate-hiking cycle warrant some caution before positioning for an extension of the AUD/USD pair’s recent recovery from the 0.6355 area, or the YTD low touched earlier this month.

Techincal levels to watch

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : FXStreet – https://www.fxstreet.com/news/aud-usd-consolidates-near-two-week-high-around-mid-06400s-ahead-of-fomc-decision-202309200213

Tags: businessconsolidatestwo-week
Previous Post

AUD/JPY Price Analysis: Loses traction below 95.50, the key contention is seen at 94.90

Next Post

UK CPI Forecast: Inflation to reaccelerate in August on higher Oil prices

Zaidi states Luciano likely Giants’ 2024 Opening Day shortstop

Zaidi states Luciano likely Giants’ 2024 Opening Day shortstop

October 4, 2023
Rays draw smallest MLB postseason crowd since 1919 in loss to Rangers

Rays draw smallest MLB postseason crowd since 1919 in loss to Rangers

October 4, 2023
Dbacks MLB Wild Card news: Diamondbacks holding narrow lead

Dbacks MLB Wild Card news: Diamondbacks holding narrow lead

October 4, 2023
Jerry Dipoto tells Mariners fans what they don’t want to hear

Jerry Dipoto tells Mariners fans what they don’t want to hear

October 4, 2023
Justin Fields called Chase Claypool over the weekend. Here’s why he wanted to talk to WR

Justin Fields called Chase Claypool over the weekend. Here’s why he wanted to talk to WR

October 4, 2023
Man bags life imprisonment for sexually assaulting 4-year-old in church

Man bags life imprisonment for sexually assaulting 4-year-old in church

October 4, 2023
BBNaija All-Stars winner gets N120m cheque, Innoson’s victory ride + Videos, photos |

BBNaija All-Stars winner gets N120m cheque, Innoson’s victory ride + Videos, photos |

October 4, 2023
We spent N5.5billion in the production of BBNaija All Stars — Multichoice reveals – Lifestyle Nigeria

We spent N5.5billion in the production of BBNaija All Stars — Multichoice reveals – Lifestyle Nigeria

October 4, 2023
Fashola Sends Fresh Warning To Nigerians

Fashola Sends Fresh Warning To Nigerians

October 4, 2023
Ebunife And Ian’s Outdoor Wedding Was A Show Of Love, Beauty And Sweet Moments

Ebunife And Ian’s Outdoor Wedding Was A Show Of Love, Beauty And Sweet Moments

October 4, 2023
Partenaires
afric.info
europ.info
usa-news
lesmeilleureschaussures.fr
goodsforyoutoday.com
looktopbeauty.com
keto-diet.biz
soccernews.info
nba-news.net
sportsprblog.com compar.biz
the-best.top
bestchoices.biz
expert-plus.fr
travel-mag.info
pksportsnews.com
news-sports.org

Categories

Archives

October 2023
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
3031  
« Sep    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (3,849)
  • Entertainment (3,959)
  • General (2,919)
  • Health (1,881)
  • News (4,456)
  • Science (3,037)
  • Sports (4,111)
  • Tech (2,987)

Recent News

Zaidi states Luciano likely Giants’ 2024 Opening Day shortstop

Zaidi states Luciano likely Giants’ 2024 Opening Day shortstop

October 4, 2023
Rays draw smallest MLB postseason crowd since 1919 in loss to Rangers

Rays draw smallest MLB postseason crowd since 1919 in loss to Rangers

October 4, 2023
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version

AUD/USD consolidates near two-week high, around mid-0.6400s ahead of FOMC decision- https://www.maquillages.info/   https://maquillages.org   https://www.deguisements-fetes.fr   https://maillots-de-bain-shop.com   https://www.le-noeud-papillon.com   https://www.jeepeg.fr   https://maillotde-bain.com   https://pushkarvisit.com   -/- According to Luke Fickell, Wisconsin is ‘all-in’ on NIL   Barbie film hits $1bn mark at global box office   Zhuhai Championships: Andy Murray loses to Aslan Karatsev in last 16   Breece Hall named Jets’ offensive X-factor for 2023   Soundking AK20 BA Amplificateur pour Basse   -*-$$DAKINE Split Roller Mallette ordinateur à roulettes, 21 cm, 110 L, Carbon   Veuve Clicquot – Coffret Retraite V.Clicquot Rose   Enceinte Mobile 700W Sono Active DJ KARAOKE 12″ Autonome Batterie à LED RVB + Micro VHF USB/SD/Bluetooth – LedWood Boostar1400   Volkswagen: IT-Störung bei Volkswagen behoben   Newcastle adds BetMGM UK to its bookmaker alliances   $$* Amalia   El Rancho Place d’Italie, Centre commercial Italie 2, place d’Italie 75013 Paris   AUD/USD consolidates near two-week high, around mid-0.6400s ahead of FOMC decision *AUD/USD consolidates near two-week high, around mid-0.6400s ahead of FOMC decision