The downtrend in the AUD/USD took a pause in September, where the currency ended the month 0.3 cents higher than where it began. Global risk sentiment improved over the first half of the month, which saw the AUD/USD rally from its monthly low of 0.6688 on 3 September to its high of 0.6895 on 13 September, alongside a rise in global equities and bond yields. However, in the second half of the month, a more dovish RBA, alongside a reluctant easing by the Fed weighed on the currency. Geopolitical shocks in the month generated volatility, as another setback in the US-China trade negotiations, drone attacks on a Saudi oil ... (full story)