FxWirePro: AUD/ USD momentum negative despite pause in losses – EconoTimes
FxWirePro reported that despite a pause in losses, the momentum for AUD/USD remains negative. The currency pair has struggled to gain traction, with the Australian dollar facing downward pressure against the US dollar. Traders are cautious about potential further declines in the coming trading sessions. The market sentiment towards the Australian dollar remains bearish, with investors closely monitoring economic data and geopolitical developments for any signs of improvement.