AUD/USD: focused on FOMC – ANZ

By FXStreet FXStreet (Guatemala) – Analysts at ANZ explained that the markets remain nervous.

Key Quotes:

“Equity markets were weak, although the US managed to reverse losses.

WTI oil briefly broke USD35/bbl (but rallied back strongly) and despite all this, the AUD/USD went one way – higher – against normal risk correlations. Today, the MYEFO will be released, however, for the AUD the focus is sharpening on the Fed decision later this week.”
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Source:: FX Street