- Aussie dips near 0.6200 amid lingering risk aversion.
- Fed’s cautious projections fuel USD resilience.
- China’s slowdown and tariffs weigh on Aussie sentiment.
The Australian Dollar hovers near 0.6200 after the Federal Reserve’s rate cut and fresh projections signaled a more measured policy path. Although the Fed lowered rates by 25 basis points as expected, the updated Summary of Economic Projections hinted at tighter conditions ahead. China’s slowdown and tariff concerns continue to cap the Aussie’s upside.
Daily digest market movers: Aussie struggles after Fed signals cautious easing path
- The Federal Reserve lowered its policy rate by 25 This content is only available for Plus users.
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