AUD

The AUD/USD is supported by the upward sloping trendline after last Friday’s selloff. The Australian labor market is expected to report the unemployment rate steady at 5.0% in November. The US Federal Reserve is expected to raise the target range for Fed funds to 2.25%-2.50%, but the monetary...

AUD/USD is trading at 0.7274, down 0.0083. The pair is trading at just above lows of the session and multi-year lows. Market chatter about RBA monetary policy and China's July Manufacturing PMI, which came out at 48.2 versus 49.4 in June, continues to make the rounds. Market chatter about the...