CFDs
FEATURED
With recession fears a key factor for market participants, economic growth data will be key for the calendar this week. The flash PMIs will be watched, whilst the RBNZ will be next to hike rates.
Another hawkish hike from the Fed will leave a continued legacy of negative risk appetite. This will drive ongoing USD strength and keep equity markets under selling pressure.
Australian dollar pairs have been boosted following an unexpected 25 basis points increase in the cash rate by the Reserve Bank of Australia.
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