AUD/USD kisses 0.6900 as USD Index extends losses, RBA and FOMC minutes hog limelight
AUD/USD has touched a high of 0.6900 as the USD Index has surrendered its morning gains. Persistent inflation in the United States has bolstered the odds of more interest rate hike
USD Index Price Analysis: Losses could accelerate below 102.60
The index remains on the defensive in the first half of the week. Next on the downside emerges the 102.60 zone. DXY adds to the bearish note recorded on Monday and puts the 103.00
US Dollar Index: Fed drowned DXY to multi-month low near 101.00, central banks, NFP eyed
US Dollar Index dropped the most in three weeks on Fed’s dovish hike. Fed matches 0.25% rate hike expectations but cited easing inflation to please DXY bears. Federal Reserve Cha
S&P 500 Index: Scope for a fall to 3200 – Barclays
Despite 2022’s drawdown, analysts at Barclays believe that global equity markets have room to drop further. Cash should be the real winner of 2023 “We observe that US stocks te