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AUD/USD: Recovery Accelerates on Month/Quarter End Profit Taking

AUD/USD: Recovery Accelerates on Month/Quarter End Profit Taking
AUDUSD extends strong bounce from new 2023 low (0.6331) into second straight day, driven by profit-taking at the end of the month/quarter. Slight change in Fed’s narrative on monetary policy from hawkish stance to unclear signals whether more policy tightening will be needed in coming months and looming partial US government shutdown, weighed on US […] The post AUD/USD: Recovery Accelerates on Month/Quarter End Profit Taking appeared first on Action Forex... Read More
Posted: Sep 29 2023, 08:54
Author Name: actionforex
Views: 083096

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