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The AUD is the strongest and the EUR is the weakest as the North American session begins
The AUD is the strongest and the EUR is the weakest as the North American session begins. The USD is mixed with gains versus the EUR, GBP and CHF and declines vs the CAD, AUD and NZD. The Reserve Bank of Australia surprised the market with a 25 basis point hike to 4.10%. In the statement by Phillip Lowe of the RBA, he said:High inflation makes life difficult for people and damages the functioning of the economy. It erodes the value of savings, hurts family budgets, makes it harder for businesses...
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Posted: Jun 6 2023, 12:13
Author Name: forexlive
Views: 112225