AUD/USD defends 0.6800 as RBA’s Lowe appears optimistic, US NFP eyed – by anilpanchal7 AUDUSD RiskAppetite RBA Fed NFP
The Aussie pair’s latest recovery could be linked to comments from Reserve Bank of Australia . The policymaker recently hesitated in conveying the Aussie central bank’s bearish bias while saying that the board discussed the consequences and costs of not raising rates. “Higher interest rates affect the economy with a lag,” mentioned RBA Governor Lowe.
On the other hand, downbeat comments from International Monetary Fund Managing Director Kristalina Georgieva seemed to have challenged the AUD/USD bulls. IMF’s Georgieva said that recession risks are rising for many countries, and the
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