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The AUD is the strongest and the CHF is the weakest as the North American session begins
As the U.S. markets gear up for the new trading week, the AUD is the strongest of the major currencies while the CHF is the weakest. The USD is trading mixed/to lower to start the trading week. The week will be dominated by CPI data on Tuesday and the US Fed decision on Wednesday. The general consensus is that the Federal Reserve is likely to "skip" a meeting in June but is more likely to hike by 25 basis points in July. The market is pricing in a 71% for a NO CHANGE on Wednesday, and a 68% cha...
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Posted: Jun 12 2023, 12:22
Author Name: forexlive
Views: 112168