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Reserve Bank of Australia Raised Policy Rate Further by 25 bps

Reserve Bank of Australia Raised Policy Rate Further by 25 bps
Markets A disappointing US non-manufacturing ISM was yesterday’s defining moment for FI and FX trading. Up until the release, the post-payrolls momentum still pushed US rates and the dollar gently higher. Afterwards, intraday fortunes changes, the first Pavlov reaction didn’t really gain traction afterwards. Turning to the data first, the ISM fell from 51.9 to […] The post Reserve Bank of Australia Raised Policy Rate Further by 25 bps appeared first on Action Forex... Read More
Posted: Jun 6 2023, 06:56
Author Name: actionforex
Views: 102543

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