AUD spikes as fed adjusts its inflation management

Posted by OFX AUD - Australian Dollar The Australian dollar drifted sideways throughout domestic trade on Thursday before bouncing through resistance and testing a break above 0.73 overnight. Direction across currency markets was largely muted in the lead up to Fed Chair Jerome Powell’s speech at the Jackson Hole Monetary Policy Symposium, … Continue reading "AUD spikes as fed adjusts its inflation management"The post AUD spikes as fed adjusts its inflation management appeared first on .