The Australian Dollar weakened during the week as the RBA under-delivered and commodities continued lower. Will AUD/USD catch a bid?
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The Australian Dollar weakened during the week as the RBA under-delivered and commodities continued lower. Will AUD/USD catch a bid?
from DailyFX – Market News https://bit.ly/3GTG2AE
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GBP/USD is on the verge of testing the yearly low (1.3509) ahead of the UK GDP report as the BoE keeps the benchmark interest rate at the record low of 0.10% in November.
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Fintwit has come alive this week after central banks took center stage causing unease across financial markets. Spot gold (XAU) pushed higher, natural gas (LNG) remains impressive while NDX defies …
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It was a big week for the USD, but bulls were unable to do much on this morning's test of a fresh yearly high. The focus now moves to next week's CPI.
from DailyFX – Market News https://bit.ly/3BIe8DW
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NFP headline beats provides brief USD bid, however, overall reaction is tepid given Fed meeting in the week.
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