• AUD/USD stabilizes at 0.6483, rebounding from three-month low post-Powell's comments on future rate cuts.
• Powell's talk of three 2024 rate cuts, excluding March, boosts USD, affecting AUD sentiment.
• Strong ISM Services PMI and rising US Treasury yields further underpin the Dollar's strength versus the Aussie.
• Attention turns to RBA's meeting, with a dovish outlook expected due to slowing inflation.

The AUD/USD plunged to a three-month low due to hawkish comments from Federal Reserve Chair Jerome Powell and expectations of a dovish rate held by the Reserve Bank of Australia (RBA). Therefore, the hands of the major exchange at 0.6483 are virtually unchanged.