Financial Trading
FEATURED
With reports stating that a deal has been made between President Biden and McCarthy, markets are awaiting for the agreement to pass by the Senate.
Consolidation is developing across major markets. However, one decisive mover is the AUD which has jumped on the hawkish implications of higher inflation.
Markets continue to trade with a risk-negative bias. This is driving commodities and increasingly indices lower. A strengthening USD is playing out especially against European forex as EUR/USD falls below parity.
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