AUD/USD & NZD/USD Flip to RBA & Jobs Knowledge
US DOLLAR VOLATILITY REPORT: AUD/USD & NZD/USD PRICE ACTION IN FOCUS AHEAD OF RBA DECISION & NZ JOBS DATA
- USD bulls try to offer the US Dollar an indication of life after weakening sharply final month
- Forex volatility is anticipated to rise this week amid key occasion danger and information releases
- AUD/USD and NZD/USD drift into the crosshairs as an RBA resolution and NZ jobs information loom
A weak US Greenback has garnered appreciable consideration final month owing to a pointy 4% slide recorded by the DXY Index for July. Latest declines notched by the USD haven’t solely jeopardized the Buck’s King Dollar title, but additionally induced some to query its longstanding standing because the world’s reserve forex.
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