Fed Rate Cut Talk Getting Louder
|It's all about what's priced in to the market and looking at AUDUSD on Tuesday, this point could not be clearer, with the pair trading higher on the day despite the RBA cutting interest rates to 1.25%. Eurozone CPI, UK construction PMIs, US factory orders and a speech from the Fed Chair are the key standouts on today's calendar.
5 Day performance v. US dollar
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