AUD/USD snaps the series of lower highs and lows from last week as it bounces back from a fresh yearly low (0.6968), and the Reserve Bank of Australia (RBA) interest rate decision may fuel the recent rebound in the exchange rate if the central bank adjusts the forward guidance for monetary policy. AUD/USD halts a three-day selloff, with the decline following the Federal Reserve rate decision failing to push the Relative Strength Index (RSI) into oversold territory, and fresh remarks from the RBA may shore up the Australian Dollar as the central bank is currently on track to “purchase government securities at the rate ... (full story)