From Financial Modeling Prep: 2025-04-30 07:08:00

The Dollar Index rose 0.2% to 99.012, recovering from a three-year low, but still down 4.6% for April. Analysts warn of structural dollar supply pressures resurfacing in Asia, indicating a temporary retracement.

Bank of America suggests fading dollar rallies and turning to AUD/USD for upside exposure, currently around 0.64. Potential catalysts for AUD strength include positive economic data and risk sentiment improvements.

For real-time tracking of intraday and daily FX shifts, especially in AUD/USD, the Daily Forex API offers seamless access to rates across G10 pairs, aiding in monitoring potential breaches of 0.64 and testing the 200-day moving average near 0.6462.



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