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Aussie Flexes Muscles on RBA, Dollar Down ahead of NFP
Dollar trades broadly lower overnight and remains soft in Asian session. Despite risk-off sentiment in the US, the greenback failed to find support, as market participants bet on an earlier Fed rate cut due to ongoing bank concerns. Meanwhile, Euro is also facing pressure due to falling treasury yields, with yesterday’s ECB rate hike now […] The post Aussie Flexes Muscles on RBA, Dollar Down ahead of NFP appeared first on Action Forex...
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Posted: May 5 2023, 05:47
Author Name: actionforex
Views: 111350