AUDUSD: Consolidation Around 0.6550 with Strong Australian Economic Data in Focus
AUDUSD has been consolidating in the narrow range of 0.6540 to 0.6580 over the past three trading days, closing yesterday at 0.65735. The pair is supported by robust Australian Q3 economic data including GDP and inflation figures, combined with seasonal weakness in the US dollar and dovish Fed outlook, which have propelled the Aussie higher. Market sentiment this week has been shaped by seasonal trends in the US dollar amid key economic releases. For average investors, this indicates a cautious












