Federal Reserve (FED) news

The Federal Reserve (FED) is the central banking system in the US. It manages monetary policy to maintain price stability and promote maximum employment. It primarily uses the federal funds rate and open market operations to influence interest rates and the money supply, impacting the US economy and global markets. It also provides forward guidance to shape market expectations.

AUD/USD Technical: Bullish breakout above 0.6700 major resistance after minor pull-back as US consumer sentiment looms

AUD/USD extended its rally, hitting 0.6690 on 12 Sep and testing key resistance at 0.6660/0.6680. The Aussie outperformed peers, with the US Dollar Index down 1.67% over 5 days. Softer US labor data and expectations of Fed cuts, alongside firmer China core inflation and rising iron ore futures, support AUD strength. Key near-term levels: support at 0.6620, resistance at 0.6760.

12-09-2025 06:07 GMT by Kelvin Wong