Dovish Statement Bumps USDIndex | HF Analysis
USDINDEX, Daily USDIndex, Daily The US dollar index fell to a 9-month low amid dovish comments from Fed Chair Powell that sent bond yields tumbling and sparked a rally in stocks, dampening demand for the dollar. The index lost -0.89% in yesterday’s trading. The US 10-year Treasury yield fell to 3.39% on Wednesday, approaching a […]
Australian Dollar Bumps Up on Data Amid Global Macro Tailwinds. Higher AUD/USD?
Australian Dollar, AUD/USD, US Dollar, Fed, RBA, China, Iron Ore – Talking Points The Australian Dollar got a sugar hit from data but settled back in the range A re-acceleration of domestic price pressures might see more RBA action China’s re-opening could fuel inflation. Will it drive AUD/USD to a new peak? Recommended by Daniel […]