Aussie Dollar Slumps as Growing Expectations for More Aggressive Action from Fed Inflate the Greenback

AUDUSD falls to seven-week low in sharp acceleration lower on Wednesday, as the US dollar continues to ride on the waves of optimism that elevated oil prices will continue to fuel inflation and prompt the Fed into policy tightening cycle. The Aussie dollar fell over 1% until the early hours of the US session, on […]

The post Aussie Dollar Slumps as Growing Expectations for More Aggressive Action from Fed Inflate the Greenback appeared first on ActionForex.