Aussie stands at the back foot on risk aversion and expectations for aggressive Fed Aussies falls to the lowest since June 2020 on Wednesday, under fresh pressure from stronger dollar as geopolitical situation is worsening and traders migrate into safety and lower prices of commodities. Daily techs maintain negative momentum and moving averages are if […]
The post AUD/USD: Aussie Stands at the Back Foot on Risk Aversion and Expectations for Aggressive Fed appeared first on Action Forex.
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Discover our Weekly Market Outlook, exploring themes and events that forged financial flows throughout the week. This week saw the commencement of large wartime impacts on volatility. With the FOMC coming up, it’s not easy Read more…
Gold (XAU/USD) is under pressure, sliding this week as its safe haven appeal was overshadowed by a strengthening US dollar. Rate cut bets were slashed significantly due to fears over the Middle East conflict’s impact Read more…