NEWS | 09/29/2025 14:11:45 GMT
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By FXStreet Team
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Editors’ Picks
AUD/USD defends minor bids below 0.6600 ahead of RBA policy decision
AUD/USD is consolidating gains below the 0.6600 mark in Tuesday’s Asian trading. The Aussie fails to benefit from the mostly upbeat China PMI data as traders opt to move to the sidelines ahead of the RBA policy decision. The RBA is widely expected to leave the key rate unchanged at 3.6% in September.
Gold uptrend remains uninterrupted, fresh all-time peak and counting
Gold continues scaling new record highs in the Asian session on Tuesday and could prolong its well-established uptrend amid a supportive fundamental backdrop. Bets for more rate cuts by the Fed and the looming US government shutdown keep the US Dollaron the defensive. This, along with rising geopolitical tensions and persistent trade-related uncertainties, acts as a tailwind for the safe-haven bullion.
USD/JPY holds gains above 148.00 after BoJ’s Summary of Opinions
USD/JPY defends the 148.50 level and now appears to have stalled its retracement from a nearly two-month peak reached last Friday. The BoJ Summary of Opinions released this Tuesday adds to the rate-hike uncertainty, which, along with a positive risk tone, undermines the Japanese Yen and lends support to the pair.
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