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AUD/USD STAYS FIRM AWAITING RBA SPEECH; US PCE AHEAD IN THE WEek

hagijeee
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  • AUD/USD stabilizes after gains, with traders eyeing the 200-DMA and upcoming Australian consumer sentiment indicators.
  • Mixed messages from Fed officials on rate cuts contrast with potential optimism from RBA’s upcoming commentary.
  • Geopolitical tensions and global economic indicators may sway risk appetite, influencing AUD/USD direction.

The Aussie Dollar (AUD) begins the Asian session virtually unchanged vs. the US Dollar after clocking solid gains of 0.41% on Monday. At the time of writing, the AUD/USD trades at 0.6539, beneath the 200-day moving average (DMA).



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