Australian Dollar Dips After RBA Pause on Hike Cycle. Will AUD/USD Go Lower?

The Australian Dollar collapsed after the RBA decided to keep the cash rate unchanged at 4.10%. The inflation gauges are now on centre stage for future rate moves. Where to for AUD/USD?

from DailyFX – Market News https://bit.ly/46AAwzW
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Euro Ahead of US Jobs Data: EUR/USD EUR/AUD EUR/GBP Price Setups

The euro may have recouped some of its recent losses against some of its peers, but it would be premature to read the rebound as the start of a new leg higher for the single currency. What is the outlook for EUR/USD, EUR/GBP, and EUR/AUD?

from DailyFX – Market News https://bit.ly/3D1jn4N
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Asia Day Ahead: Soft Start to the New Quarter; Key Focus on RBA Rate Decision

Major US indices drifted higher on lighter volume to deliver a positive start to the new quarter, as we head into the Independence Day holiday.

from DailyFX – Market News https://bit.ly/448hLSM
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Q3 Top Trade Opportunity: US Dollar May Extend its Rally Against the Chinese Yuan in the Third Quarter

The US Dollar may continue pressuring the Chinese Yuan in the third quarter with global growth still vulnerable to central banks that are keeping monetary policy tight

from DailyFX – Market News https://bit.ly/3riXxXF
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Q3 Top Trade: S&P 500 Vulnerable to Pullback on Weak Fundamentals and Frothy Markets

The S&P 500 has rallied significantly in recent months, but could face serious challenges in the third quarter, especially if fundamentals worsen on hawkish monetary policy.

from DailyFX – Market News https://bit.ly/449nmYW
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