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AUD/USD back below 0.9300

FXStreet (Córdoba) - The FOMC minutes pushed the AUD/USD back below 0.9300. The pair printed a fresh weekly low during the American session at 0.9274 but the bounced, approaching 0.9300.

After falling on Asian hours to 0.9277 the AUD/USD recovered ground and climbed during Wall Street trading to 0.9316 (August 20 high) but then lost momentum and plummeted after the release of the Fed’s minutes. The pair posted on Wednesday the lowest daily close in a week.

Despite falling against the US Dollar, the Aussie was able to hold to gains versus the Kiwi. After the minutes the AUD/NZD rose from 1.1067 to 1.1092, reaching the highest price since early December.

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