Friday , 22 November 2024
Home Forex Australian Dollar benefits from hawkish RBA, soft PCE data from the US
Forex

Australian Dollar benefits from hawkish RBA, soft PCE data from the US

Friday’s session recorded a significant uplift in the Australian Dollar (AUD) against the US Dollar following an unexpected inflation reduction in the US in May.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

US Dollar surges to two-year high as Eurozone PMIs disappoint

The US Dollar (USD) jumps on Friday to its highest level in...

USD: Moderately hawkish remarks from Williams – ING

Yesterday’s US Dollar (USD) rally led to a break below the key...

Pound Sterling weakens as UK Retail Sales, flash PMI declines

The Pound Sterling (GBP) weakens against a majority of its peers, except...

USD/JPY: Bias for downside play – OCBC

USD/JPY fell overnight as the pair traded sideways this week.