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The AUD is the strongest and the USD is the weakest currency as the NA session begins

The AUD is the strongest and the USD is the weakest as the North American session begins. Needless to say, traders are keenly awaiting the Federal Reserve's decision on interest rates which will take place at 2 PM ET with a press conference from Fed Chair Powell at 2:30 PM ET. The expectation is that the central bank will "skip" its rate-hiking cycle in light of the recent data that yesterday showed a slowing down of inflation growth, which declined to 4.0%. However, as this figure is still abo... Read More

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Posted: Jun 14 2023, 12:08

Author Name: forexlive

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