Aussie Rises on Inflation Beat, Ethereum Takes a Sharp Dive
Australian Dollar rose broadly in the Asian session following the release of stronger-than-expected inflation data. The slight slowdown in inflation wasn’t as pronounced as markets had anticipated, reinforcing RBA’s stance that it is not yet ready to cut interest rates. While the data does reduce the urgency for another rate hike, it still supports the […] The post Aussie Rises on Inflation Beat, Ethereum Takes a Sharp Dive appeared first on Action Forex.
Australian Dollar rose broadly in the Asian session following the release of stronger-than-expected inflation data. The slight slowdown in inflation wasn’t as pronounced as markets had anticipated, reinforcing RBA’s stance that it is not yet ready to cut interest rates. While the data does reduce the urgency for another rate hike, it still supports the […]
The post Aussie Rises on Inflation Beat, Ethereum Takes a Sharp Dive appeared first on Action Forex.
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