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AUDUSD Technical Analysis
The FOMC continues to expect two or more rate hikes this year if the economic data remains strong as Fed Chair Powell has also reiterated at the ECB forum last week. In fact, the data has been consistently surprising to the upside since the last FOMC meeting and that led to a more hawkish market’s pricing. The RBA decided to keep its cash rate unchanged today accompanied by the usual hawkish comments and the promise of doing more if the data suggests so. They repeated their determination of brin...
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Posted: Jul 4 2023, 10:14
Author Name: forexlive
Views: 110783