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Mar 18 - 10:55 PM

AUD/USD - Steady Mid-Range, Fed Decision Looms Large

By James Connell  —  Mar 18 - 08:41 PM

• AUD/USD drifts towards middle of week's range; quiet trade ahead FOMC

• Fed outcome due 1800 GMT Wed; no rate change expected, uncertainty builds

• New economic projections will clarify Fed's view of Trump policy impacts

• AU employment due Thur (Reuters poll +30k jobs, 4.1% unemployment)

• AUD 55-DMA beginning to trend higher, reflecting the pair's 2025 resilience

• Range Asia 0.63585-635, support 0.6260 0.6190, resistance 0.6415
AUD midday


(James Connell is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters

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