Friday, October 16, 2026

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AUD/USD overlooks weak iron ore figures ahead of FOMC

Pair remains subdued in Asia but not all markets resting ahead of FOMC Dalian iron ore futures fell 2.6% Pair is so far holding 16 pip range in Asia, was down to 0.7606 due to heavy volume overnight AUD/USD downward move…

By Ian Preston
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • Pair remains subdued in Asia but not all markets resting ahead of FOMC

  • Dalian iron ore futures fell 2.6%

  • Pair is so far holding 16 pip range in Asia, was down to 0.7606 due to heavy volume overnight

  • AUD/USD downward move was somewhat cushioned by a near 100 pip bounce in AUD/NZD 

 

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Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560

By FxWirePro Team