AUD/USD up for the third day, holds near 0.7600

Australian dollar among top performers on Tuesday.
AUD/USD holds to gains but unable to break 0.7600.

Matías Salord FXStreet

The AUD/USD pair is consolidating near 0.7600, on its way for the third consecutive daily gain. The Australian dollar is among the top performers supported by risk appetite, positive expectation on US-China trade negotiations and also by higher commodity prices.

The pair reached earlier today levels on top of 0.7600 for the first time since April 24 but it failed to extend the run above and pulled back. The retreat from the top found support at 0.7580. During the last hours, AUD/USD has been moving in a range, between 0.7580 and 0.7600 consolidating a modest daily gain.

The US dollar continues to show strength in the market support by higher US yields but on Tuesday moves so far have been limited. On Wednesday, the release of the FOMC minutes could influence on the greenback.

Levels to watch

To the downside, immediate support is seen at 0.7580 (lower limit of current range), followed by 0.7565 and 0.7540. On the upside, above 0.7600 resistance might be seen at 0.7615 and 0.7660.

Author

Matías Salord

FXStreet

Matías started in financial markets in 2008, after graduating in Economics. He was trained in chart analysis and then became an educator. He also studied Journalism. He started writing analyses for specialized websites before joining FXStreet.

USD/JPY steadies below 160.50 as BoJ's Uchida speaks on outlook

USD/JPY holds its bounce below 160.50 in Europe trading on Tuesday, following the release of the Bank of Japan's monetary policy decision. The BoJ hiked the key rate by 25 bps to 1% as widely, providing little to no impetus to the Japanese Yen. BoJ Deputy Governor Uchida's press conference is doing little to lift the Japanese Yen.

AUD/USD keeps losses near 0.7050 after RBA's expected pause

AUD/ISD is holding moderate losses near 0.7050 in the European session on Tuesday. Traders are assessing the Reserve Bank of Australia's (RBA) expected interest rate hike pause decision and the Governor Bullock's remarks, with the Australian Dollar holding lower ground.

Gold holds gains above $4,300 amid cautious markets

Gold maintains a mildly positive tone, holding gains after rallying about 6.5% over the last few days. The precious metal's recovery, however, has lost steam after crossing the $4,300 line and remains practically flat as the initial enthusiasm about the US-Iran peace deal faded, with investors awaiting details of the agreement and monetary policy decisions by major central banks.

Solana's rebound gains momentum as ETF inflows return

Solana (SOL) steadies at $73 after posting three consecutive green candlesticks since the weekend. The recent recovery is supported by institutional demand, with spot Exchange Traded Funds recording net inflows of $2.81 million on Monday.

Kevin Warsh opens first Fed meeting June 16 with rate hold expected

Kevin Warsh was confirmed by the Senate in a 54-45 vote and sworn in as Federal Reserve Chair on 22 May 2026. The ceremony took place at the White House, with Supreme Court Justice Clarence Thomas administering the oath. The FOMC meeting on 16 and 17 June is his first as chair. The June meeting is also a quarterly projection meeting.

4.2% headline, 0.2% core: Why the Fed's next hike may be targeting the wrong problem

May's CPI put headline inflation at 4.2% on the year, up from 3.8% in April and the hottest reading since April 2023, while core prices rose just 0.2% on the month, undershooting the 0.3% consensus and halving April's pace.