Depressed AUD/USD falls below key SMA

AUD/USD has just crossed below its 200-hour SMA. The last such price-indicator cross has been registered at least over a week ago on this time frame, accentuating its significance.

Traders maintaining a downside bias, extend their projections to the 800-SMA, which corresponds to the 200-SMA on 4hr charts.

Fed in no hurry to hike its key rate - Commerzbank

With major central banks silent at the moment, the market is looking at economic data to gain hints about the Fed’s further interest rate path, said A
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