AUDUSD recovers after support at 100-day MA holds
AUDUSD fell after FOMC but rebounded from the 100-day moving average and 50% retracement, aided by lower yields and higher commodities.
New Zealand Q2 GDP rose 2.6% y/y, above the 2.3% forecast, supporting the kiwi dollar.
New Zealand's economy grew by 2.6% in the second quarter compared with a year earlier.
On a quarterly basis, GDP expanded by 0.2%.
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AUDUSD fell after FOMC but rebounded from the 100-day moving average and 50% retracement, aided by lower yields and higher commodities.
USDCAD broke above key resistance after the Fed. Buyers aim to hold 1.4000, while sellers look to defend that zone.
Dollar trades mixed as markets digest the Fed's 25bp hike and BOE's hold. Equities rebound, yields fall, oil dips toward $100.
Key FX option expiries for September 17 include EUR/USD at 1.1430, 1.1450, 1.1500 and USD/JPY at 156.00.