Gold Research
Australian Dollar trims losses after Fed holds
The Aussie Dollar trimmed some of its earlier losses after the Federal Reserve kept rates steady, by a 9 to 3 vote, with three dissenters who supported a 25-basis-point rate hike. The AUD/USD trades at around 0.6950, down 0.32%.
The Aussie Dollar trimmed some of its earlier losses after the Federal Reserve kept rates steady, by a 9 to 3 vote, with three dissenters who supported a 25-basis-point rate hike. The AUD/USD trades at around 0.6950, down 0.32%.
Gold impact rationale
Rising rate-hike or hawkish expectations increase gold's opportunity cost.
- Source: FXStreet news
- 2026-07-29
- rates
- price_action
Topics: gold news, gold price impact, rates, price_action