
AUD/USD Outlook: Trump Address Could Trigger Breakout or Breakdown
AUD/USD at key levels ahead of Trump’s address. Will risk sentiment drive a breakout or extend the correction?
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AUD/USD at key levels ahead of Trump’s address. Will risk sentiment drive a breakout or extend the correction?

Although price movements in previous sessions have been more moderate compared to earlier weeks, over the last four trading sessions gold has posted gains of more than 4%, with price once again approaching the $5,200 per ounce area.

Gold holds near record highs as Trump’s tariff threats lift geopolitical risk ahead of Davos, keeping dips in focus.

On its 41st day, the Senate appears on the brink of reopening the US government this week

US dollar holds key support before PPI as Trump ups pressure on Fed; AUD/USD eyes jobs data for clues on RBA rate cuts.

The USD selloff slowed as ISM services data showed weak demand but rising inflation. Fed cut bets hold firm while Trump eyes a potential Fed Chair pick.
AUD/USD eyes key support and resistance as Australian CPI, RBNZ, and US PCE inflation data loom. Trump’s fiscal policies and weak bond auctions fuel market uncertainty.
The USD/CAD has maintained a steady upward movement, accumulating an appreciation of over 1.5% in the last six trading sessions in favor of the U.S. dollar.
EUR/USD rallied back to 1.0500 last week as Trump’s reciprocal tariff announcement didn’t evoke much fear. But he also warned that tariffs on autos are coming.
USD/CAD broke support as the U.S. Dollar broke down this week even after strong inflation prints out of the U.S., suggesting that Trump tariffs are losing their drive for USD-strength.
Trump’s market impact continues to broaden as peace talks in Ukraine drove a EUR/USD breakout, followed by a reversal on news of reciprocal tariffs coming soon.
Trump tariffs are zeroing in on Europe although there’s still a large amount of uncertainty. The pair responded to the threat with a strong sell-off at the open, that it’s now trying to claw back.
It was a busy week and it looks like it’ll be a busy weekend, as well, with 25% tariffs set to go in-effect from the United States on Canada. This could lead to a volatile open on Sunday in the pair.
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