Published: 2025-07-03T05:32:49.000Z
AUD/USD flows: Rangebound Session Except Antipodeans

FX Analyst
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Major FX range bound, not antipodeans
It is a rangebound session for major FX pairs as market participants quietly wait for US NFP data. However, the antipodeans seems to be dragged by soft regional sentiment and slightly stronger USD. The Australian trade balance missed but is mostly affected by recovery in import and thus shouldn’t affect the coming RBA decision to cut.
AUD/USD is trading 0.28% lower at 0.6565.