idea for next week.

UD/USD appears to be halting the selloff from the start of the week as it no longer carves a series of lower highs and lows, but the exchange rate may stage further attempts to test the yearly low (0.6349) amid waning speculation for a Federal Reserve rate-cut in December. AUD/USD trades near the weekly low (0.6441) as the US Retail Sales report shows a 0.4% rise in October versus forecasts for a 0.3% print, and developments coming out of the US may continue to sway the exchange rate as Fed Chairman Jerome Powell insists that ‘in considering additional adjustments to the target range for the federal funds rate