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The AUD is the strongest and the USD is the weakest as the North American session begins

The AUD is the strongest and the USD is the weakest as the North American session begins. The RBA raised rates earlier this week. The BOC did the same yesterday in what was considered a surprise (although there was some debate). The CAD is mixed in early trading. In news in Europe, GDP moved down -0.1% vs 0.0% for the 1Q.The BOC decision led to increased speculation about a similar move by the Federal Reserve in its next week's meeting. The RBA and BOC have raised rates this week. The RBNZ rais... Read More

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Posted: Jun 8 2023, 12:13

Author Name: forexlive

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