The abstract is generated by AI**Why Is AUD/USD Trading So Weak? Market Pressures Amid Policy Divergence and Economic Concerns**
The AUD/USD pair has spent the fourth consecutive session on the back foot, hovering near 0.6630 levels as traders grapple with a confluence of headwinds pushing the Australian Dollar lower. The weakness comes on the heels of softer-than-expected employment figures from Australia last week, combined with a broader deterioration in sentiment toward riskier assets. Disappointing economic readings from China released Monday have reignited fears about the health of the world's second-largest economy,
The AUD/USD pair has spent the fourth consecutive session on the back foot, hovering near 0.6630 levels as traders grapple with a confluence of headwinds pushing the Australian Dollar lower. The weakness comes on the heels of softer-than-expected employment figures from Australia last week, combined with a broader deterioration in sentiment toward riskier assets. Disappointing economic readings from China released Monday have reignited fears about the health of the world's second-largest economy,