Another inconclusive day sees AUD/USD alternating gains with losses around the 0.6470 region on Tuesday, always on the back of the continuation of the Greenback’s rebound. In the meantime, trade discussions keep dictating the sentiment alongside speculation around the Fed.
Data from the US Commodity Futures Trading Commission (CFTC) to July 29 show speculators trimming their short positions in the Australian Dollar, leaving net bearish bets at just over 78K contracts—two-week lows—while overall open interest eased to around 159.7K contracts.
Data from the US Commodity Futures Trading Commission (CFTC) to July 29 show speculators trimming their short positions in the Australian Dollar, leaving net bearish bets at just over 78K contracts—two-week lows—while overall open interest eased to around 159.7K contracts.
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