Monetary policy divergence front and center

Next 24 hours: Monetary policy divergence front and center

Earlier today, the Reserve Bank of Australia left rates on hold while maintaining a relatively hawkish, and certainly less dovish tone. The move comes on the heels of last week’s dovish Fed decision and highlights a growing monetary policy divergence between the Fed and other major central banks which is having a clear impact on the US Dollar.

Global FX Insights Next 24 hours   joelkruger  

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