AUD/USD is back at the low end of its recent range with the currency pair succumbing to a bit of global pessimism which sees both equities down and the safe havens of JPY and USD up. The Aussie is trading just above 0.7500 this morning ahead of U.S FOMC Minutes which are released tomorrow morning at 5.00am. The minutes from the latest U.S Fed meeting should create a bit of volatility in the early hours of tomorrow morning for those up and about.
DATA RELEASES TODAY:
USD – FOMC Minutes at 5.00am (tomorrow morning)
AUD EXCHANGE RATES:
AUD/USD – 0.7511
AUD/GBP – 0.6203
AUD/EUR – 0.6807
AUD/NZD – 1.0654
AUD/JPY – 77.74
***Above rates are indicative wholesale rates and intended as a guide only***
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Patrick Downes
Senior Corporate FX Dealer
Compass Markets
Phone Patrick – +61 03 9099 8459
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