AUD/USD is trading around 0.6680 on Tuesday, reflecting a 0.40% increase for the day. Earlier, the currency pair surged to a three-month high of 0.6700, driven by optimism following the release of the RBA Minutes. However, the upward momentum faced resistance as stronger-than-expected US economic data emerged, lending renewed strength to the US Dollar.
The positive US data has curtailed the pair's gains, highlighting the ongoing tug-of-war between the Australian and US economies. As traders assess the implications of the latest economic indicators, market sentiment remains cautious. The exchange rate's fluctuations illustrate the sensitivity of AUD/USD to both domestic and international economic developments, emphasizing the importance of upcoming data releases for future trading directions.
About FX Killer Trader Incubation Program
Want to become a professional trader? FX Killer offers a completely free professional trader training program. We provide systematic courses, practical training, and professional mentorship to help you grow from beginner to full-time trader.
👉 Join Free Training Program | Trading Psychology Assessment
Data Source: FX Killer Analysis Team Updated: 2025-12-23 15:21
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.