Published: 2025-08-26T04:52:04.000Z
AUD/USD flows: Sour sentiment

FX Analyst
1
Risk sentiment sour after Trump say he is firing Cook
The broader risk sentiment is sour after the fiasco of Trump firing Fed's Cook. Fed governor Lisa Cook is unlikely to comply and is challenging the legality of such action. The RBA August minutes is being read to be dovish as they say "Some further reduction in cash rate likely to be needed in coming year".
The AUD/USD is trading 0.07% lower at 0.6478.