AUD/USD surges again as dovish BOJ fuels soft landing narrative
From cityindex.com
The AUD/USD is coming home with a wet sail after what’s been another rough year, breaking to multi-month highs on Tuesday as the risk rally shows few signs of slowing down ahead of Christmas. AUD/USD enjoying party mode With traders ignoring pushbacks from Fed members against aggressive policy easing priced next year, and with it too soon for data or corporate earnings to definitively question the Fed’s soft landing outlook that drove last week’s dovish pivot, risk assets are in party mode, including AUD/USD. After looking vulnerable to a pullback having been rejected above .6720 for three consecutive sessions, ...
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