AUD/USD consolidates near two-week high

The AUD/USD pair struggled to gain any meaningful traction during Wednesday's Asian session and remained below two-week highs, around the 0.6470-0.6475 touch zone. Yesterday. Spot prices are hovering within a familiar band and are currently hovering around the mid-0.6400s, pending the outcome of the highly anticipated FOMC policy meeting ahead of the next leg of the directional move.


BUT! While traders chose to wait, it resulted in weak price action around the AUD/USD pair.