Last week the Federal Reserve commenced its first-rate hiking cycle since December 2018, against perhaps the most challenging macroeconomic backdrop it has ever faced. The Fed is attempting to negotiate persistently high inflation, a full-scale war in Europe, sanctions, price shocks in commodities, COVID, supply chains, and trade uncertainties on de-globalization and de-carbonization. Historically in […]
The post AUDUSD Suppressed But for How Much Longer – Part II appeared first on Action Forex.