Thursday , 21 November 2024
Home Forex Australian Dollar soars following soft US inflation figures as Powell comes to podium
Forex

Australian Dollar soars following soft US inflation figures as Powell comes to podium

On Tuesday, the Australian Dollar (AUD) gained against the US Dollar (USD), countering the prior bearish pressure, and is now lingering around the 0.6705 area.

Leave a comment

Leave a Reply

Your email address will not be published.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

Related Articles

Eurostoxx futures +0.4% in early European trading

German DAX futures +0.5%UK FTSE futures +0.4%This comes after the Dow posted...

Fed’s Williams: The disinflationary process will continue

Labour market is now in balance, not providing upward pressure on inflationWants...

BOJ governor Ueda: We don’t make comments on short-term FX moves

There is still a month to go until the next policy meeting,...

ECB’s Villeroy: The balance of risks on growth, inflation is shifting to the downside

Victory against inflation is in sight in EuropeInflation could be sustainably at...