AUDUSD Falls to 10-Month Low, Sees Potential for Further Weakness

AUDUSD fell to the lowest in ten months on Thursday, remaining under increased pressure from strengthening US dollar, driven by hotter than expected US inflation in October and more hawkish tones from Fed policymakers. The pair remains in steep downtrend from 0.7067 (Oct 29 lower top), interrupted by brief corrections that lasted one day each, […] The post AUDUSD Falls to 10-Month Low, Sees Potential for Further Weakness appeared first on ActionForex.