Latest News: Commodities
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AUD/USD is wobbling around 0.7680-90, bouncing off a weekly low ahead of the key FOMC policy decision. Pre-Fed caution trading, mixed US data and a scarce news flow contribute to the aussie's sluggish performance.
Gold price is heading back towards the 200-Daily Moving Average (DMA) at $1840, as sellers returned following a rejection once again near $1860. The US dollar continues to hold the higher ground ahead of the all-important FOMC decision due later this Wednesday.
SHIB price faces stiff resistance ahead. Shiba Inu has had a difficult time recovering, suggesting that it may soon face rejection. In the following video, FXStreet's analysts evaluate where SHIB price could be heading next as Shiba Inu gets weaker.