AUD/USD declines towards 0.6900 as Fed policymakers sound hawkish on rate guidance
Share: AUD/USD is eyeing more weakness to near 0.6900 amid hawkish Fed policymakers’ guidance. Fed Waller cited the battle to reach the 2% inflation target “might be a long fight”. The Australian Dollar will dance to the tunes of China’s inflation data. The AUD/USD pair has gauged an intermediate cushion around 0.6920 in […]
ECB policymakers starting to consider a slower pace of interest-rate hikes
ECB policymakers are starting to consider a slower pace of interest-rate hikes after a likely 50 basis-point step in February, sources say as reported by Bloomberg. “The rapid energy-driven decline in headline inflation is giving the ECB a bit of breathing space, but policymakers will remain focused on persistent underlying pressures for now. If, as […]