Daily digest market movers: Australian Dollar steady ahead of Fed

avatar
· Views 195


  • US Dollar consolidates recent losses on bets for a 50 bps rate cut by the Fed.
  • RBA’s hawkish outlook supports the risk-sensitive Australian Dollar.
  • Fundamental backdrop favors the AUD, but concerns about China's economic slowdown could act as a headwind.
  • Soft Retail Sales data from the US had little market reaction though US data may be limited as focus remains on Fed interest rate decision come Wednesday.
  • Fed is expected to cut interest rates by 25 bps, according to analysts, but a 50 bps cut remains more likely, according to CME FedWatch Tool.
  • A smaller-than-expected rate cut could boost the US Dollar and weigh on the AUD.
  • A dovish Fed stance could benefit the AUD, while a hawkish stance could bolster the USD.


Peringatan: Pendapat yang disampaikan sepenuhnya merupakan milik penulis dan tidak mencerminkan posisi resmi Followme. Followme tidak bertanggung jawab atas keakuratan, kelengkapan, atau keandalan informasi yang disediakan, serta tidak bertanggung jawab atas tindakan apa pun yang diambil berdasarkan konten ini, kecuali dinyatakan secara tertulis.

Suka artikel ini? Tunjukkan apresiasimu dengan memberi hadiah untuk penulis.
Balasan 0
Belum ada komentar. Jadil yang pertama untuk membagikan komentar.

  • tradingContest