United States Consumer Credit Change registered at $11.35B above expectations ($10B) in May

Jul 8, 2024

Australian Dollar takes a breather, dovish bets on the Fed limits downside

The Australian Dollar (AUD) saw some losses on Monday against the USD, which still remains weak after last week's data, which fueled dovish expectations for the Federal Reserve (Fed).

Forex Today: All eyes on Powell

The Greenback kicked off the week with decent gains, leaving behind some of the NFP-driven weakness and regaining some fresh traction in response to the broad-based knee-jerk in the risk complex.