U.S. PMI data lifts USD, pressures Australian Dollar futures. 9/4/25

The Australian Dollar futures market fell to a one-week low of 0.651, giving back previous gains. This was largely driven by a strong U.S. dollar following better-than-anticipated U.S. PMI Services data, which put pressure on most major FX futures markets. The Australian dollar is now trading back in the middle of its one-month range, with a potential series of lower highs and lower lows emerging.

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