AUD/USD Plays Hide and Seek While RBA Holds The Flashlight
Key Points
- Forex traders are anxiously awaiting the Reserve Bank of Aus...
Ever felt that awkward moment waiting for your crush to text back? That's exactly how forex traders are feeling about the AUD/USD pair right now, hovering around 0.6400 as everyone anxiously awaits the Reserve Bank of Australia's next move.
Uncle Sam's Mixed Signals
US economic data is starting to look like a confused GPS - the University of Michigan Consumer Sentiment Index took a nosedive to 50.8 for May, while inflation expectations decided to party like it's 1999. The Federal Reserve must be scratching their heads harder than a lottery ticket, trying to make sense of sad consumers with ...
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