Upcoming U.S. Election and Market Volatility
AUD/USD Under Pressure as U.S. Dollar Strengthens.
With the U.S. presidential election on the horizon, will we see increased volatility in the AUD/USD pair as economic indicators shift?
The AUD/USD pair is experiencing mild losses, hovering around 0.6605 in early Asian trading, driven by a stronger U.S. dollar and robust economic data. The recent rise in the U.S. Michigan Consumer Sentiment Index to 70.5 for October has added pressure, signaling potential Fed caution ahead.
