AUD/USD Forecast: Australian Dollar Slides Below 0.7100 as Weak PMI Meets Hawkish Fed
πŸ“‰
πŸ“„
InvestingCube
2026εΉ΄9月23ζ—₯ζ˜ŸζœŸδΈ‰ UTC 09:20

AUD/USD Forecast: Australian Dollar Slides Below 0.7100 as Weak PMI Meets Hawkish Fed

Currency Pairs:πŸ’± AUD-USD

Summary:AUD/USD fell below 0.7100 on Wednesday, reaching a one-week low as weaker Australian business activity and a stronger US Dollar weighed on the pair. Australia's September Composite PMI dropped to 50.8 from 52.7, while manufacturing contracted for the first time since March.

Related News

Stay Informed

Get API access to our forex news feed for your application.

Get API Access
AUD/USD Forecast: Australian Dollar Slides Below 0.7100 as Weak PMI Meets Hawkish Fed