I am an online publisher and a wealth creation enthusiast who seeks new opportunities and relishes fresh challenges. While growing my personal finance brand, The Lazy Trader, and acting as a business ...

Weaker US data and rising Fed rate cut bets boosted AUD/USD and NZD/USD, pressured USD/JPY, and set the stage for volatile trading ahead of key central bank decisions.

The RBA cut the cash rate to support growth as inflation returns to target, with AUD/USD consolidating, NZD/USD holding bullish momentum, USD/JPY trading between 140–151.

An AUD/USD move to $0.6350 would give the bulls a run at the $0.63854 resistance level. Hawkish RBA meeting minutes and weak US retail sales figures would fuel demand for the Aussie dollar.

There is scope for Australian Dollar (AUD) to test 0.6520 before a pullback can be expected. In the longer run, the current price movements are likely part of a 0.6450/0.6555 range trading phase ...