The bears got what they expected from a moderately dovish RBA but it looks like it’s a case of sell the rumour buy the fact. AUD/USD dipped to 1.0330 but with bids lined up near 1.0310, the bears didn’t have the stomach for a fight and now we’ve bounced back to 1.0350. I’m afraid it’s going to be very quiet for the rest of the session.
AUD/USD bounces back above 1.0350
Best in 2026
Sponsored
investingLive is a market news and analysis platform that lists and reviews forex brokers for informational use only. We do not provide investment advice or brokerage services. CFDs are complex, high-risk products and may not be suitable for all investors. investingLive is not responsible for any trading losses or decisions made based on content found on our site.
