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On Tuesday, the AUD/USD pair experienced mixed trading, facing some bearish pressure and lingering around the 0.6605 area.

FxstreetJun 11, 2024

AUD/USD features mild losses after mixed Australian NAB figures

The Dow Jones Industrial Average (DJIA) is struggling under the weight of investor trepidation ahead of Wednesday’s key Federal Reserve (Fed) outing.

FxstreetJun 11, 2024

Dow Jones Industrial Average turns lower ahead of Fed rate call, ‘dot plot’ update

United States 10-Year Note Auction dipped from previous 4.483% to 4.438%

FxstreetJun 11, 2024

United States 10-Year Note Auction dipped from previous 4.483% to 4.438%

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FxstreetJun 11, 2024
Mexican Peso plummets as Sheinbaum and AMLO reaffirm judiciary reform plans
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FxstreetJun 11, 2024
Ethereum breaches key support, receives ‘digital oil’ tag from world's largest bank
FxstreetJun 11, 2024
US Dollar rises as market awaits FOMC clues
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FxstreetJun 11, 2024
Canadian Dollar holds flat as markets buckle down ahead of Fed ‘dot plot’ update
FxstreetJun 11, 2024
United States 52-Week Bill Auction climbed from previous 4.895% to 4.915%
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FxstreetJun 11, 2024
GBP/USD Price Analysis: Consolidates around 1.2700 ahead of FOMC’s decision
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Forex

Mexican Peso plummets as Sheinbaum and AMLO reaffirm judiciary reform plans

The Mexican Peso freefall continued Tuesday, following virtual President-Elect Claudia Sheinbaum’s press conference on Monday, during which she reassured voters the judiciary reform is a go, raising investors' fears as the USD/MXN soared.
iconUSD/MXN
Fxstreet
Jun 11, 2024
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Cryptocurrencies

Ethereum breaches key support, receives ‘digital oil’ tag from world's largest bank

Ethereum (ETH) is down over 6% on Tuesday as the general crypto market is trending downward.
iconEthereum
Fxstreet
Jun 11, 2024
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Indices

US Dollar rises as market awaits FOMC clues

On Tuesday, the US Dollar Index (DXY) saw an upward trend toward the 105.36 area.
Fxstreet
Jun 11, 2024
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Forex

Canadian Dollar holds flat as markets buckle down ahead of Fed ‘dot plot’ update

The Canadian Dollar (CAD) is trading mostly flat on Tuesday as investors stubbornly dig in their heels ahead of Wednesday’s key data prints from the US.
iconUSD/CAD
Fxstreet
Jun 11, 2024
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Economic Indicator

United States 52-Week Bill Auction climbed from previous 4.895% to 4.915%

United States 52-Week Bill Auction climbed from previous 4.895% to 4.915%
Fxstreet
Jun 11, 2024
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Forex

GBP/USD Price Analysis: Consolidates around 1.2700 ahead of FOMC’s decision

The GBP/USD dropped during the North American session after employment data from the UK was weaker than expected, undermining the Pound Sterling.
iconGBP/USD
Fxstreet
Jun 11, 2024
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Commodities

Copper price faces pressure amid lower Chinese demand – TDS

Industrial metals are melting lower amid concerns around Chinese demand, analysts at TD Securities noted.
Fxstreet
Jun 11, 2024
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Commodities

Gold shows strength despite Fed uncertainty – TDS

Gold (XAU/USD) prices show resilience amid China halting its purchasing program and the Federal Reserve uncertainty, analysts at TD Securities note.
iconGold
Fxstreet
Jun 11, 2024
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Forex

USD/CAD Price Analysis: Rises to 1.3800 ahead of US CPI and Fed’s policy decision

The USD/CAD pair jumps to near the round-level resistance of 1.3800 in Tuesday’s American session.
iconUSD/CAD
Fxstreet
Jun 11, 2024
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Cryptocurrencies

Algorand Price Forecast: Heading to a 10% crash

Algorand (ALGO) price is about to break below the daily support level at $0.161 on Tuesday, extending its two-week decline after being rejected near $0.200 on May 27.
Fxstreet
Jun 11, 2024
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Economic Indicator

Fed expected to keep rates unchanged – TDS

The Federal Reserve's (Fed) Federal Open Market Committee (FOMC) is widely expected to keep rates unchanged on Wednesday, with Chairman Jerome Powell likely providing a similar policy message compared to May, analysts at TD Securities write in a note.
Fxstreet
Jun 11, 2024
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Economic Indicator

Federal Reserve likely to stay on hold in June – BBH

The two-day FOMC meeting begins on Tuesday and ends on Wednesday.
Fxstreet
Jun 11, 2024
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Forex

AUD/USD stabilizes near 0.6600 albeit uncertainty ahead of US CPI and Fed’s decision

The AUD/USD pair gains ground slightly below the round-level resistance of 0.6600 in Tuesday’s New York session.
iconAUD/USD
Fxstreet
Jun 11, 2024
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Cryptocurrencies

What to expect from Cardano’s Chang hard fork?

Cardano (ADA) could move into the final phase of its program to become a blockchain ecosystem governed by the community.
iconCardano
Fxstreet
Jun 11, 2024
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Economic Indicator

United States Redbook Index (YoY) down to 5.5% in June 7 from previous 5.8%

United States Redbook Index (YoY) down to 5.5% in June 7 from previous 5.8%
Fxstreet
Jun 11, 2024
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Commodities

WTI tumbles to near $77.00 amid uncertainty ahead of China/US CPI, Fed’s outcome

West Texas Intermediate (WTI), futures on NYMEX, declines to near $77.00 in Tuesday’s New York session.
iconWTI
Fxstreet
Jun 11, 2024
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Economic Indicator

Canada Building Permits (MoM) came in at 20.5%, above expectations (5.2%) in April

Canada Building Permits (MoM) came in at 20.5%, above expectations (5.2%) in April
Fxstreet
Jun 11, 2024
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