AUD/USD Price Forecast: Rises towards 0.7080 on overall USD weakness

The AUD/USD reversed its course, climbing some 0.61% on Wednesday as the US Dollar remains on the backfoot due to an improvement in market mood, sponsored by solid US economic data. At the time of writing, the pair trades at 0.7077, poised to end near the day’s high.

USD/MXN trips down towards 17.56 as risk appetite boosts Mexican Peso

The Mexican Peso recovers some ground on Wednesday due to an improvement in risk appetite even though hostilities in the Middle East, extended for the fifth consecutive day. Solid US economic data was ignored by MXN bulls, as depicted by the USD/MXN pair which trades at 17.56, down 0.74%.

China: Data resilience offsets weak sentiment – Standard Chartered

Standard Chartered’s Hunter Chan and Shuang Ding expect China’s January-February hard data to show resilience despite soft official PMIs.

Fed Beige Book shows mixed growth as price pressures persist across districts

The Federal Reserve's (Fed) March 2026 Beige Book, based on data collected through February 23, showed mixed economic conditions. Seven of twelve districts reported slight to moderate growth, but the number of flat or declining districts rose from four to five.

Forex Today: US Dollar eases despite strong jobs and Services PMI data

The US Dollar (USD) eased on Wednesday after a two-day rally drove the US Dollar Index (DXY) near the 100.00 mark. The Greenback ignored the positive employment data and ISM Services PMI as the ongoing war between the US and Iran weights on sentiment.