Aud/usd Tumbles Toward 0.7100 as Powell Lifts Dollar Demand Again

The AUD/USD drops towards 0.7100, down some 1%, as the Federal Reserve holds rates unchanged and Fed Chair Jerome Powell hints that, once his term as chief ends, he will remain on the Fed’s board.

The AUD/USD drops towards 0.7100, down some 1%, as the Federal Reserve holds rates unchanged and Fed Chair Jerome Powell hints that, once his term as chief ends, he will remain on the Fed’s board.