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AUD/USD trims losses as Greenback weakens amid dovish Fed outlook and US-China frictions

The Australian Dollar (AUD) trims losses against the US Dollar (USD) on Tuesday after sliding earlier to its weakest level since August 22, as fears of a revived trade war between the United States and China weighed on sentiment, given Australia’s close trade ties with China.
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Fed's Collins: Seems ‘prudent’ to cut rates further given lower inflation risks, job market concerns.

Federal Reserve Bank of Boston President Susan Collins spoke on Tuesday about the state of the economy and the Federal Reserve Bank at the Greater Boston Chamber of Commerce.
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