The data release is not moving around AUD too much atall. It dropped earlier on Waller, as did pretty much everything else (the USD gained).
Waller here ICYMI:
- Fed’s Waller says may need to hold current rate for longer than expected, no rush to cut
- Waller’s remarks have pumped up the US dollar
- (ps still is too)
- More Fed’s Waller: The economy has supported the cautious approach by the Federal Reserve
- Still more from Fed’s Waller: If unemployment goes up no reason to panic
- Check out this headline: “Why the Fed Is Delaying Interest-Rate Cuts: Waller”
This article was written by Eamonn Sheridan at www.forexlive.com.
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