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AUD/USD Price Recovers as Mood Improves, Eying FOMC, RBA

Started by forex4you, Apr 30, 2022, 06:43 am

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Apr 30, 2022, 06:43 am
AUD/USD Price Recovers as Mood Improves, Eying FOMC, RBA

In the face of a plunge in the US dollar, the AUD/USD pair rallied on short exits. A risk momentum undermined the safe-haven dollar and benefited the seemingly riskier Australian dollar. Further upside will be limited ahead of next week’s RBA/Fed policy announcements. The AUD/USD price saw a solid intraday rebound in the first half … Continued


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