AUD/USD is finding its footing, currently stabilising at around 0.6725, as the US dollar weakens further in anticipation of Fed Chair Jerome Powell’s speech at the Jackson Hole symposium. Investors are watching closely for cues on future policy shifts, influencing forex forecasts. The Australian dollar’s resilience is bolstered by the minutes from the Reserve Bank […]
The central bank doves are forcefully back following a significantly lower-than-expected US JOLTS print, and on the back of a surprisingly dovish comment from an otherwise… hawkish Isabel Schnabel from the European Central Bank (ECB). Jolts Released yesterday, the JOLTS data showed that the US job openings fell below 8.8 mio jobs in October – […]
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