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AUD/USD is showing signs of stabilisation near 0.6465, marking its second consecutive session of attempts to recover. The Australian dollar finds some support from the hawkish comments made by Reserve Bank of Australia (RBA) Governor Michele Bullock. Bullock stated that interest rates are restrictive and will remain so until the RBA is fully assured of […]

The post AUD/USD Stabilises Amid RBA’s Hawkish Outlook appeared first on Action Forex.

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13/04/2024

Canadian Inflation to Tick Higher as BoC Considers Rate Cuts

The Bank of Canada will be focused on the March Canadian consumer price index report next Tuesday after another upward surprise in U.S. price growth created doubt about the U.S. Federal Reserve’s rate-cutting plans this year. Slower price growth in Canada in recent months and a sharply underperforming Canadian economy have “increased confidence” among BoC […]
30/04/2024

Canada’s Economy Continued to Grow in February, No Growth Expected in March

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28/03/2024

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