March 19, 2026

Aussie drops over 1% as Powell flags stubborn inflation

March 19, 2026

Aussie drops over 1% as Powell flags stubborn inflation

AUD/USD fell around 1.15% on Wednesday, chalking in another sharp rejection from the 0.7100 handle to settle near 0.7025. The pair pushed briefly above 0.7120 early in the session before sellers took control, extending a pattern of failed attempts to reclaim the year-to-date high close to 0.7190.

AUD/USD fell around 1.15% on Wednesday, chalking in another sharp rejection from the 0.7100 handle to settle near 0.7025. The pair pushed briefly above 0.7120 early in the session before sellers took control, extending a pattern of failed attempts to reclaim the year-to-date high close to 0.7190.

Article written by AdminFF

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