{"id":74367,"date":"2022-10-21T19:03:01","date_gmt":"2022-10-21T15:03:01","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=74367"},"modified":"2022-10-21T19:04:28","modified_gmt":"2022-10-21T15:04:28","slug":"aud-usd-rebounds-on-weaker-us-dollar","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/aud-usd-rebounds-on-weaker-us-dollar\/10\/21\/market-updates\/","title":{"rendered":"AUD\/USD rebounds on weaker US dollar"},"content":{"rendered":"\n<p>The AUD\/USD pair turned positive for the day after rebounding more than a hundred pips from four-day lows. The pair rose from near 0.6200 to 0.6333, hitting a fresh daily high on the back of a weaker dollar.<br><br>The US dollar pulled back across the board following a report mentioning a debate at the upcoming FOMC meeting on how to continue rising interest rates. The DXY moved off highs and trimmed daily gains. <br><br>The report also boosted equity prices in Wall Street, also helping commodity prices. The US dollar seems to lose momentum late on Friday after Wall Street Journal\u2019s report. The AUD\/USD pair rises from multi-day lows to 0.6330.<br><br>Despite the sharp moves in AUD\/USD, it continues to move in ranges between 0.6340 and 0.6200. A firm break above 0.6350 should open the doors to more gains in the very short term.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The AUD\/USD pair turned positive for the day after rebounding more than a hundred pips from four-day lows. The pair rose from near 0.6200 to 0.6333, hitting a fresh daily high on the back of a weaker dollar.The US dollar pulled back across the board following a report mentioning a debate at the upcoming FOMC &hellip;<\/p>\n","protected":false},"author":13,"featured_media":31723,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[7063,6868,9101],"class_list":["post-74367","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-aud-usd","tag-fomc","tag-wall-street-journal"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/74367","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=74367"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/74367\/revisions"}],"predecessor-version":[{"id":74390,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/74367\/revisions\/74390"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31723"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=74367"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=74367"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=74367"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}