The pair remains under pressure due to expectations of a reduction in interest rates by the RBA before the end of this year. At the same time, the outcome of the Fed meeting didn’t have a significant impact on the US dollar.
The price is below the …
The pair remains in a wide range of 1.0995–1.1195 in anticipation of the Fed’s final interest rates decision and the ECB’s economic stimulus measures due from October 1st. If the Fed decides to cut rates by 0.5% at once, which is possible, the pair will grow sharply. …
The US dollar fluctuated in a narrow uptrend range during the Asian session to see the 12th session rebound from its lowest since November 9, 2016, showing the highest since early August, when it tested the highest since late May Against the Japanese yen amid the lack of economic data …
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