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Jul 15, 2026
Australian Dollar strengthens to near 0.7000 as soft US CPI tempers Fed tightening bets
The AUD/USD pair gathers strength to around 0.6990 during the early European trading hours on Wednesday. The US Dollar (USD) softens against the Australian Dollar (AUD) as markets reduced their bets of a US rate hike after US inflation slowed more than expected in June.
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Jul 15, 2026
US Dollar Index Price Forecast: Remains below 101.00 near ascending channel bottom
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its losses for the second successive day, trading around 100.80 during the early European hours on Wednesday.
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