AUD/USD remains flat below 0.6450, eyes on US PMI ahead of RBA rate decision

The AUD/USD pair trades sideways below the mid-0.6400s during the early Asian session on Monday. The Australian Dollar (AUD) sell-off pauses due to th

The AUD/USD pair trades sideways below the mid-0.6400s during the early Asian session on Monday. The Australian Dollar sell-off pauses due to the upbeat Chinese PMI data. However, the stronger UD Dollar might cap the upside of the pair. The EUR/USD plummeted to 1.0487 on Wednesday, its lowest since early March, as investors continued to seek refuge in the US Dollar. Financial markets were in risk-averse mode following central banks’ monetary policy decisions from earlier in September.

Despite holding resilient in the face of a hawkish Federal Reserve outlook in the previous week, Gold price suffered heavy amid broad-based US Dollar strength and surging US Treasury bond yields. XAU/USD staged a modest rebound on Friday but ended up losing more than 2% for the week.Polkadot price seems to be ending its downtrend after shedding 92.91% in the last two years from its all-time high of $55.09. In the last three days, DOT has inflated by 3.

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