The Australian Dollar collapsed last week with the US Dollar regaining broad-based ascendency as Treasury yields moved north on a tilt in the Fed rate path.
The Australian Dollar jumped some hurdles last week, but some key levels lie ahead, and US Dollar weakness can only do so much. Bonds spreads might provide some clues until AU CPI.
The Australian Dollar gave up some ground with the RBA keeping the cash rate at 3.60% but not ruling out further tightening down the track. Is a pause enough to push AUD/USD lower?
The Australian Dollar consolidated last week as markets took stock of the banking crisis and the Federal Reserve raised rates while the RBA is set to pause. Where to for AUD/USD?
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