AUD/USD EASES FROM OVER A TWO-MONTH TOP, BACK BELOW 0.6400

Tina Collins

21 Feb 2025

AUD/USD Drops Below 0.6400: The Australian Dollar (AUD) fell under 0.6400 against the US Dollar (USD) on Friday.

Brief High Earlier: It had briefly crossed 0.6400, the highest since December 12.

US Dollar Strength: A stronger US Dollar pushed the AUD/USD lower.

RBA Governor’s Caution: The Reserve Bank of Australia (RBA) Governor was cautious about future rate cuts, but it didn’t support the AUD much.

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GERMAN MANUFACTURING BEATS EXPECTATIONS, SERVICES SECTOR GROWS

CANADA'S RETAIL SALES BEAT EXPECTATIONS IN JANUARY

EUR/USD STAYS BELOW 1.0500 AFTER GERMAN AND EU PMI DATA

XAU/USD DOWN BUT NOT OUT AHEAD OF US PMI DATA