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AUD/USD drops as risk sentiment weakens, Fed rate cut hopes fade

AUD/USD trades lower around 0.6480 on Wednesday, down 0.40% at the time of writing. The Australian Dollar (AUD) is losing ground against the US Dollar (USD), pressured by a sharp deterioration in global risk sentiment.
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USD holds near 200-DMA ahead of Nvidia earnings – BBH

US Dollar (USD) is firmer near its 200-day moving average. US equity futures are treading water ahead of today’s Nvidia quarterly report. Nvidia’s earnings are viewed as a key barometer of the AI boom, BBH FX analysts report.
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