AUDUSD extends downtrend to a more-than-a-year low A pause is likely, but negative trend could stay in play FOMC policy announcement due at 19:00 GMT AUDUSD is caught in a relentless downtrend, plunging to a 14-month low of 0.6308 on Wednesday following the close below the long-term support trendline from October 2022. As global markets […]
Markets Yesterday, optimists still hoped that the announcement of reciprocal US tariffs could bring some bad news, but at least also some clarity, providing a new reference framework. Even a worst case economic scenario could in this respect have helped find risk markets looking for a bottom. It’s a pity, but this proved to be […]
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