The US Dollar lost its footing last week as markets grew more concerned about a recession. FOMC minutes and the Fed'd preferred inflation gauge could offer the USD some life ahead. Next week could revive some life back into the US Dollar. All eyes are on the FOMC meeting minutes, where the document will reveal further details about this month’s 50-bases point rate hike. A hawkish tone coupled with confidence in the economy could bolster tightening ...
The Australian Dollar has a sound economic story, but with the Fed racing against time, the US Dollar is soaring. Will AUD/USD continue to bounce off recent lows? AUD/USD is being driven by a US Dollar that has been strengthening against most currencies. more...
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