Australian Dollar Strengthens Amid Rising Odds of Aggressive Fed Rate Cut
Australian Dollar Strengthens Amid Rising Odds of Aggressive Fed Rate Cut The Australian Dollar (AUD) edged higher against the US Dollar (USD) on Monday, driven by growing speculation that the US Federal Reserve may implement a substantial 50 basis points (bps) rate cut in its upcoming policy meeting. This potential easing by the Fed could […]
EUR/USD Climbs Toward 1.1100 Amid Fed Rate Cut Speculation
EUR/USD Climbs Toward 1.1100 Amid Fed Rate Cut Speculation The EUR/USD began the week on a positive trajectory, trading around 1.1090 during Monday’s Asian session. Investors are now closely watching the US Federal Reserve’s (Fed) highly anticipated policy decision later this week, with uncertainty surrounding the size of the potential rate cut. Markets remain split […]