AUD/USD (AUDUSD=X)
CCY - CCY Delayed price. Currency in USD
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As of 07:04AM GMT. Market open.
| Previous close | 0.6776 |
| Open | 0.6776 |
| Bid | 0.6784 |
| Day's range | 0.6765 - 0.6802 |
| 52-week range | 0.6176 - 0.7661 |
| Ask | 0.6782 |
- Investing.com
Dollar edges higher; Fed tightening could lift recession fears
The U.S. dollar stabilized in early European trade Thursday, as traders sought out this safe haven amid uncertainty over the global economic outlook. Investors are focusing on the U.S. Federal Reserve's policy-setting meeting next week amid expectations that the U.S. central bank will soon slow its tightening pace, likely hiking by 50 basis points after four consecutive increases of 75 basis points. EUR/USD rose 0.2% to 1.0526, with the European Central Bank also widely expected to continue hiking interest rates next week, even after Eurozone inflation fell for the first time in 18 months.
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