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Description: FXStreet is a leading source for reliable news and real time Forex analysis. FXStreet offers real-time exchange rates, charts and an economic calendar.

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AUD/USD bears remain in control, battling the 0.6600 level on Wednesday. The pair is tracking the big sell-off in the NZD/USD pair, as the RBNZ hiked rates by 25 bps but turned dovish on its outlook. All eyes now remain on the US debt impasse and the Fed Minutes. 

AUD/USD News

EUR/USD picks up bids to consolidate recent losses, forms bullish chart pattern. Convergence of 50-HMA, 100-HMA and fortnight-long resistance line appears a tough nut to crack for Euro buyers. Sellers can aim for late March swing lows on 1.0760 breakdown. ECB’s Lagarde, Fed Minutes eyed for clear directions.

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